Whether it's at a family gathering, your company party, or catching up with friends over the holidays, the housing market always finds its way into the conversation.
Here are the top three questions on a lot of people's minds this season, and straightforward answers to help you feel more confident about the market.
Yes, more than you could a year or two ago.
The number of homes for sale has been rising over the past few years. According to data from Realtor.com, there have been more than one million homes on the market for six straight months, something that hasn't happened since 2019 (see graph below):
As the holidays approach, many Bend homeowners find themselves asking the same question: Should I list my home now or wait until after the New Year?
The truth is, there's no one-size-fits-all answer—but there are compelling reasons to consider making your move before the year ends.
A few years ago, inventory hit a record low. Just about anything sold – and fast. But now, there are far more homes on the market. Listings are up almost 20% from this time last year. And in some areas, supply is even back to levels we last saw in 2017–2019. For sellers, that means one thing:
Your house needs to stand out and grab attention from day one.
That's especially true when you consider why the number of homes for sale is up. Here's how it works. Available inventory is a mix of:
Data from Realtor.com shows most of the inventory growth lately is actually from active listings that are staying on the marke...