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Showings Are Down, Sales Are Up

May 28, 2013 |  Article By :   | 

Showings are down and sales are up in the Twin Cities. Why is this happening?

showings

Home inventory is way down and buyers are out in full force. Due to the lack of inventory the buyers don’t have many homes coming up in their searches to actually go out and look at. Since there is less to choose from they are looking at fewer homes and then making their decision to buy. Just a year ago, buyers had a seemingly endless supply of homes that fit their search criteria but now they are lucky if a few come up. They are not waiting for something better to come along as homes are selling fast and if you don’t act quickly, meaning within a few days, they are often gone/sold.

for saleYou can click on either chart for a larger version.

 

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