My Next Home
Selling when you can’t find a new home you want to buy
There is a fear that currently paralyzes home owners’ ability to list their homes for sale, despite their strong desire to make a move. In the current market the sellers hold the upper hand due to low levels of inventory. The Texas Real Estate Center at Texas A&M University currently shows a 31.3% reduction in inventory levels compared to last year. With so few homes on the market, buyers are forced to compete with each other.
But What If…
We thought for certain that sellers would be jumping on the opportunity to sell their homes and reap the financial reward of competing offers. Surprisingly the opposite occurred: sellers were nervous about finding their next home and delayed selling. What if they listed their home and it sold too fast before they could find another one?