{"id":3704,"date":"2021-11-30T08:35:40","date_gmt":"2021-11-30T16:35:40","guid":{"rendered":"https:\/\/skyrisere.com\/listings\/?p=3704"},"modified":"2021-11-30T08:35:40","modified_gmt":"2021-11-30T16:35:40","slug":"there-are-more-homes-available-now-than-there-were-this-spring","status":"publish","type":"post","link":"https:\/\/skyrisere.com\/listings\/2021\/11\/30\/there-are-more-homes-available-now-than-there-were-this-spring\/","title":{"rendered":"There Are More Homes Available Now than There Were This Spring"},"content":{"rendered":"<p>There\u2019s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the  <a href=\"https:\/\/www.keepingcurrentmatters.com\/2021\/10\/06\/what-do-supply-and-demand-tell-us-about-todays-housing-market\/\">supply<\/a>  of homes for sale as we move into the end of the year.<\/p>\n<h2 id=\"The Number of Homes for Sale Usually Peaks in the Fall\">The Number of Homes for Sale Usually Peaks in the Fall<\/h2>\n<p>In the residential real estate market, trends generally follow a predictable and seasonal pattern. Typically, the number of homes available for sale (or active monthly listings) peaks in the fall. But in a chapter where so little feels normal, the question becomes: should we expect a fall peak this year?<\/p>\n<p>If we look at the active monthly listings for 2021 (<i>shown in the chart below<\/i>), we\u2019ll see that the number of homes on the market has increased fairly steadily since spring this year. The <i><a href=\"http:\/\/realtor.com\">realtor.com<\/a><\/i>  <a href=\"https:\/\/www.realtor.com\/research\/data\/\">data<\/a>  shows we\u2019re still seeing an increase in active inventory month-over-month. While that gain is a bit smaller month-to-month (<i>see August to September<\/i> <i>in the chart<\/i>), September numbers are still up from the month prior.<\/p>\n<p><a href=\"http:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2021\/11\/FD8B52F0-3221-43AE-97D0-B9A565AEB773.png\"><img fetchpriority=\"high\" decoding=\"async\" data-id=\"3705\"  src=\"http:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2021\/11\/FD8B52F0-3221-43AE-97D0-B9A565AEB773-300x225.png\" alt=\"Monthly Listings\" width=\"300\" height=\"225\" class=\"alignnone size-medium wp-image-3705\" srcset=\"https:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2021\/11\/FD8B52F0-3221-43AE-97D0-B9A565AEB773-300x225.png 300w, https:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2021\/11\/FD8B52F0-3221-43AE-97D0-B9A565AEB773-768x576.png 768w, https:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2021\/11\/FD8B52F0-3221-43AE-97D0-B9A565AEB773.png 1000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>The important takeaway here is <b>the latest monthly numbers show growth<\/b>. At the end of September, buyers had more options to pick from than they did this spring. That\u2019s encouraging for buyers who may have paused their search months ago because they had trouble finding a home. Danielle Hale, Chief Economist at  <a href=\"https:\/\/news.move.com\/2021-09-30-Realtor-com-R-September-Housing-Report-Inventory-Just-Hit-a-2021-High,-Which-Means-More-Choices-for-Fall-Buyers\">realtor.com<\/a> , sums this up nicely:<\/p>\n<blockquote>\n<p><i>\u201cPut simply, <\/i><b><i>this September buyers had more options<\/i><\/b><i> than they\u2019ve had all year and while that\u2019s typical of early fall, that\u2019s not what happened in 2020. Still, it\u2019s important to remember that while buyers may have an easier time this fall than they did in the spring, the market remains more competitive than it has been historically at this time of year.\u201d<\/i><\/p>\n<\/blockquote>\n<p>As Hale says, a fall peak in inventory is in line with typical seasonal trends. While it\u2019s impossible to say for certain what the future holds for housing inventory, we do know both buyers and sellers have opportunities this season based on the latest data.<\/p>\n<h2 id=\"What Does That Mean for You?\">What Does That Mean for You?<\/h2>\n<p>If you\u2019re thinking of buying a home, rest assured you do have more options now than you did earlier this year \u2013 and that\u2019s a welcome relief. That said, today\u2019s market is still highly competitive. This isn\u2019t the time to slow your search. It\u2019s actually the season when the number of homes available for sale tends to peak. Focus on the additional options with renewed energy this season and be prepared for  <a href=\"https:\/\/www.keepingcurrentmatters.com\/2021\/09\/15\/5-tips-for-making-your-best-offer\/\">ongoing competition<\/a>  from other buyers.<\/p>\n<p>If you\u2019re considering selling your house, realize that while growing,  <a href=\"https:\/\/www.keepingcurrentmatters.com\/2021\/10\/18\/sellers-your-house-could-be-an-oasis-for-buyers-seeking-more-options\/\">inventory<\/a>  is still low.  <a href=\"https:\/\/www.keepingcurrentmatters.com\/2021\/09\/24\/its-still-a-sellers-market-infographic\/\">Selling now<\/a>  means you\u2019ll be in a great position to negotiate with buyers \u2013 and competition among buyers is good news for your bottom line. Eager buyers will likely be motivated to act before the holidays, giving you the benefit of a fast sale.<\/p>\n<h3 id=\"Bottom Line\">Bottom Line<\/h3>\n<p>Whether you\u2019re buying or selling, there\u2019s still a chance to make your goals a reality this season. Partner with Skyrise Real Estate Group because we know the Silicon Valley market and current trends and can help you understand what they mean for you.<\/p>\n ","protected":false},"excerpt":{"rendered":"<p>There\u2019s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","entry","has-media"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>There Are More Homes Available Now than There Were This Spring - Skyrise Real Estate Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/skyrisere.com\/listings\/2021\/11\/30\/there-are-more-homes-available-now-than-there-were-this-spring\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"There Are More Homes Available Now than There Were This Spring - Skyrise Real Estate Group\" \/>\n<meta property=\"og:description\" content=\"There\u2019s a lot of talk lately about how challenging it can be to find a home to buy. 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