[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2guvoj86kvtgp":3,"$ffeh0925h8cuz":38,"$f2emv3tus0uf1":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":26,"next":32},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":25},1928,"housing-supply-is-rising-what-does-that-mean-for-you","Housing Supply Is Rising. What Does That Mean for You?","An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications\u003Cstrong> we may have hit the lowest point we’ll see\u003C\u002Fstrong>. Odeta Kushi, Deputy Chief Economist at \u003Cem>First American,\u003C\u002Fem> recently \u003Ca href=\"https:\u002F\u002Ftwitter.com\u002Fodetakushi\u002Fstatus\u002F1407338876155351044\">said\u003C\u002Fa> of our supply challenges:","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F07\u002F13104037\u002F20210714-KCM-Share.jpg","An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications\u003Cstrong> we may have hit the lowest point we’ll see\u003C\u002Fstrong>. Odeta Kushi, Deputy Chief Economist at \u003Cem>First American,\u003C\u002Fem> recently \u003Ca href=\"https:\u002F\u002Ftwitter.com\u002Fodetakushi\u002Fstatus\u002F1407338876155351044\">said\u003C\u002Fa> of our supply challenges:\u003C!--more-->\r\n\u003Cblockquote>“\u003Cstrong>\u003Cem>It looks like inventory may have hit a bottom\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem> (we’ve seen this in the higher frequency data as well). Unsold inventory in May was at 2.5 months supply, up from 2.4.\u003C\u002Fem>”\u003C\u002Fblockquote>\r\nTo put it into perspective, the graph below shows levels of inventory \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fresearch-and-statistics\u002Fhousing-statistics\u002Fexisting-home-sales\">rising\u003C\u002Fa> since the beginning of the year:\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F07\u002F20210714-MEM-Eng-1.png\">\u003Cimg class=\"aligncenter wp-image-44735\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F07\u002F20210714-MEM-Eng-1.png\" alt=\"Housing Supply Is Rising. What Does That Mean for You? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>We’re still not close to a \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2021\u002F03\u002F29\u002Fwhat-it-means-to-be-in-a-sellers-market\u002F\">balanced market\u003C\u002Fa>, which would be a 6 months’ supply of homes for sale. However, we are seeing a \u003Cstrong>slow but steady increase in homes coming up for sale. \u003C\u002Fstrong>And that leaves many buyers and sellers wondering the same thing: what does that mean for me?\r\n\u003Ch4>\u003Cstrong>Buyers: More Options Are Arriving, so It’s Time To Act \u003C\u002Fstrong>\u003C\u002Fh4>\r\nIf you’re a buyer, more inventory coming to market is a welcome sight. More supply means \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2021\u002F06\u002F03\u002Fdreaming-of-a-bigger-home-why-not-buy-it-this-year\u002F\">more options\u003C\u002Fa> and less competition, which could mean fewer bidding wars.\r\n\r\nAccording to the latest \u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002Fjune-2021-data\u002F\">\u003Cem>Monthly Housing Market Trends Report\u003C\u002Fem>\u003C\u002Fa>\u003Cem>,\u003C\u002Fem> supply levels are continuing to increase, which is different from the \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2021\u002F07\u002F13\u002Fwhy-this-isnt-your-typical-summer-housing-market\u002F\">typical summer\u003C\u002Fa> market:\r\n\u003Cblockquote>\u003Cem>“In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. \u003Cstrong>Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the summer season, a welcome sign for a tight housing market\u003C\u002Fstrong>.\u003C\u002Fem>”\u003C\u002Fblockquote>\r\nIf you’re having trouble finding your next home, this news should give you the hope and motivation to keep your buying process moving forward. Experts project \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2021\u002F06\u002F25\u002Fhomebuyers-hang-in-there-infographic\u002F\">mortgage rates\u003C\u002Fa> will begin increasing, which will make purchasing a home less affordable as time passes. \u003Cstrong>You can still capitalize on today’s low interest rates, so stick with your search \u003C\u002Fstrong>as more homes come to market\u003Cstrong>.\u003C\u002Fstrong>\r\n\u003Ch4>\u003Cstrong>Sellers: Our Supply Challenges Aren’t Over Yet, so Now Is the Time To Sell\u003C\u002Fstrong>\u003C\u002Fh4>\r\nIf you’ve been putting off selling your house, you shouldn’t wait much longer. The year’s month-over-month gains in homes for sale have helped buyers, but we’re still very much in a sellers’ market.\r\n\r\nAs the graph below shows, even with the number of homes for sale rising, we’re still well below the supply levels we’ve seen historically:\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F07\u002F20210714-MEM-Eng-2.png\">\u003Cimg class=\"aligncenter wp-image-44734\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F07\u002F20210714-MEM-Eng-2.png\" alt=\"Housing Supply Is Rising. What Does That Mean for You? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>Of course, more homes are coming to market now, and more are expected in the coming months. Selling \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2021\u002F05\u002F13\u002Fyour-house-could-be-the-oasis-in-an-inventory-desert\u002F\">your house\u003C\u002Fa> this summer gives you the chance to \u003Cstrong>get ahead of the competition and maximize your sales potential before more homes are put up for sale in your neighborhood\u003C\u002Fstrong>.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nMore homes for sale means more options for buyers and more competition for sellers. Whether you’re looking to buy or sell, let’s connect today to discuss your options and why it’s still a good time to make your move.","\r\nMore homes for sale means more options for buyers and more competition for sellers. Whether you’re looking to buy or sell, let’s connect today to discuss your options and why it’s still a good time to make your move.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F07\u002F20210714-MEM-Eng-1.png",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers","2021-07-14T10:00:52Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":15},1927,"why-this-isnt-your-typical-summer-housing-market","Why This Isn’t Your Typical Summer Housing Market","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F07\u002F12150849\u002F20210713-KCM-Share.jpg","2021-07-13T10:00:08Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":15},1929,"diving-deep-into-todays-biggest-buyer-concerns","Diving Deep into Today’s Biggest Buyer Concerns","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F07\u002F14134433\u002F20210715-KCM-Share.jpg","2021-07-15T10:00:30Z",{"cover":39,"open":40,"shareSpread":41},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[47,51,52,53,57,61,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153,157],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":66,"name":67,"slug":68},11,"First-Time Buyers","first-time-buyers",{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":78,"name":79,"slug":80},38,"Move-Up","move-up",{"id":82,"name":83,"slug":84},41,"For Sale by Owner","for-sale-by-owner",{"id":86,"name":87,"slug":88},42,"Featured","featured",{"id":90,"name":91,"slug":92},45,"New Construction","new-construction",{"id":94,"name":95,"slug":96},52,"Luxury \u002F Vacation","luxury--vacation",{"id":98,"name":99,"slug":100},53,"Rent vs. Buy","rent-vs-buy",{"id":102,"name":103,"slug":104},80,"Time-sensitive","time-sensitive",{"id":106,"name":107,"slug":108},81,"Outdated","outdated",{"id":110,"name":111,"slug":112},147,"Internal","internal",{"id":114,"name":115,"slug":116},148,"Do Not Autopost","do-not-autopost",{"id":118,"name":119,"slug":120},320,"Inventory","inventory",{"id":122,"name":123,"slug":124},321,"Agent Value","agent-value",{"id":126,"name":127,"slug":128},322,"Affordability","affordability",{"id":130,"name":131,"slug":132},323,"Buying Tips","buying-tips",{"id":134,"name":135,"slug":136},324,"Downsize","downsize",{"id":138,"name":139,"slug":140},325,"Economy","economy",{"id":142,"name":143,"slug":144},326,"Equity","equity",{"id":146,"name":147,"slug":148},327,"Forecasts","forecasts",{"id":150,"name":151,"slug":152},328,"Selling Tips","selling-tips",{"id":154,"name":155,"slug":156},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":158,"name":159,"slug":160},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]