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Low Inventory Still!

March 4th, 2020 5:51 PM by Rob Robbins

It has been a while since I last wrote and the amazing part is the market has not changed that much with the exception that values are going up. We need more residential listings.

 In the past builders would build spec homes which would add something new to the market and potentially increase inventory. The builders are busy building custom homes and do not need to take the risk of building spec homes. The reason they are busy building custom homes is because the buyer could not find a suitable resale home that would work for them. It is a crazy cycle.

The good news is it is a great market for sellers up to $400,000 and anything under $150,000 is under contract the same week. The market could not be better for sellers right now and I don't expect that to change this year. 

If you are considering seller your home or condo please contact us or another agent and get it on the market. Take advantage of the tight inventory while you can. I can also tell you it is not just our Branson area market but through out the general Midwest. We still provide more value in a home or condo than most areas compared to big cities. 

Have a great spring,

Rob - 417-263-1930 cell

Posted by Rob Robbins on March 4th, 2020 5:51 PM



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