January 3, 2012
The listing contracts of many current Sellers expire on the end of the calendar year. So… as expected, the available inventory of real estate listings made a downward adjustment as the clock ticked to start a new year. Some property categories saw inventory levels drop as much as 30%.
Those Sellers who have chosen to market their properties during this time have certainly done so with the intent to attract an “off season” buyer. Many attractive opportunities remain for the attentive Buyer.
The coming weeks and months will see an increase in available properties as expired listings return under new contracts and as “new to the market” listings are added to the mix.
It’s good advice to all Buyers to stay alert as the available inventory grows to become an offering in the 2012 real estate market.
I am happy to assist with any effort to buy or sell.
Thanks to all who made 2011 a great year! Please check back for the final activity graphs from 2011.