Low Inventory continues

graph

The chart shows the number of homes on the market over a ten year period. At the same time the chart below shows that home sales are strong. I suspect that if there were more homes on the market home sales would be even stronger. The demand for homes is high.

chart
Home sales in St. Paul

If you have been thinking about selling your home you don’t have to wait until spring. It is unlikely home prices will go down this fall and there is generally less competition with other homes for sale in the fall.