Here in Texas, inventory has dropped by 44.5% compared to this time last year, which is very similar to the national average at a drop of 42.6%. What this means is that there are almost half as many houses on the market today as one year ago!
If you are a homeowner, this means that there is HIGH demand for your home and a lot less competition. For buyers, this is why you're seeing so many multiple offer situations! Reach out to a professional today to discuss your strategy!
