< Back to My Blog

New Construction = New Competition

October 9, 2014 8:44 am

New Construction = New Competition | Keeping Current Matters For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing markets (only 8% of homes sold in August). Many homeowners are now thinking of selling as the impact of this substantially discounted competition has disappeared.