Inventory is Picking Up

Remember not that long ago when I said that I thought the warm weather would bring an increase in activity? Well, not to brag, but I may actually be right this time. Our overall residential market inventory has increased. We have seen some places that were taken off the market last fall, come back on. There are some potential sellers who have been patiently waiting for the right time to sell, and they seem to be ready to make a move. We have also seen a couple of places that had offers on them last fall, finally sell this spring, for a price which was close to the same as they were offered last fall. I guess hind site is 20/20. I guess sometimes sellers have to figure out whether it is worth it to sit on a property for a while, paying the utilities and taxes, putting your life on hold, in exchange for the hope of a few more thousand dollars.