Gourmet Hot Dog Food Truck in Houston #NeighborhoodSpotlight

Look no further than Yo Dawg! Gourmet Hot Dogs. Serving up some of the best hot dogs in Houston, this truck is sure to please everyone’s taste buds. So come on down and give them a try!

For updated hours, visit their website at https://yodawghtx.square.site/

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Thinking About Buying? Explore Markets Here: https://hmbt.co/9BLC4f

Own a Home? Unlock Your Home Value: https://hmbt.co/PCYMR4

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The MOVEMETOTX Team is a real estate team serving the Greater Houston area. We assist buyers, sellers, renters, and investors to achieve their real estate goals throughout Houston. To discuss your real estate goals, give us a call today!

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Katie Day

The MOVEMETOTX Team

Real Broker, LLC

Houston Texas

☎️: 832-558-2522

📩: katie@movemetotx.com

💻: http://www.movemetotx.com

#movemetotx #houstontexas

The #1 Reason To Sell Your House Today

The #1 Reason To Sell Your House Today | MyKCM

Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply.

Purchaser demand is very strong right now. The National Association of Realtors (NAR) just released their latest Existing Home Sales Report which reveals that sales surged in January. Existing home sales rose to a seasonally adjusted annual rate of 6.5 million – an increase of 6.7% from the prior month, with sales up in all regions. However, there’s one big challenge.

Inventory Is at an All-Time Low

Because purchaser demand is so high, the market is running out of available homes for sale. The above-mentioned report states that the current months’ supply of inventory of homes for sale has fallen to 1.6 months. This prompts Lawrence Yun, Chief Economist at NAR, to say:

“The inventory of homes on the market remains woefully depleted, and in fact is currently at an all-time low.”

Earlier this month, realtor.com released their inventory data for January. It helps confirm this point. Here’s a graph comparing inventory levels for January over the last six years:

The #1 Reason To Sell Your House Today | MyKCM

As the graph shows, new listings coming on the market have decreased over the last four years (shown in blue in the graph). The graph also reveals that carry-over inventory has plummeted in recent years. This is because listings are now sold so quickly, they don’t stay on the market long enough to carry over month-to-month (shown in green in the graph). In other words, homes are not staying on the market for months as they had prior to the pandemic. In the report mentioned above, NAR reveals that:

“Seventy-nine percent of homes sold in January 2022 were on the market for less than a month.”

Odeta Kushi, Deputy Chief Economist at First Americanexplains it like this:

“A higher velocity of sales (lower [Days on Market]) helps to explain a housing market characterized by both higher sales & lower inventory. Many resale transactions are happening so quickly that they ‘flow’ in & then out of the ‘stock’ between the fixed monthly measurement of inventory.”

What Does This Mean for Sellers?

Anyone thinking of putting their home on the market shouldn’t wait. A seller will always negotiate the best deal when demand is high and supply is limited. That’s exactly the situation in the real estate market today.

Later this year, inventory (and by extension, your competition) will increase as many homeowners are waiting to put their homes on the market in the spring and early summer.

In addition, Len Kiefer, Deputy Chief Economist at Freddie Macsays:

“Housing starts start off 2022 strong, just edging out 2021 for most in January since 2006.”

As these newly built homes are completed, they will also become competition for your house. This gives you a tremendous opportunity right now. Don’t wait for that increase in competition in your area. If you want to sell in 2022 and are ready to start the process, today is the day to list your house.

Bottom Line

If you’re ready to sell, let’s connect to get your house on the market while today’s inventory situation is in your favor.

Certified Juice Bar in the Heights! #NeighborhoodSpotlight

Looking for a clean juice? Look no further! USDA certified organic juices, smoothies, wellness shots and Açaí bowls. They use the latest cold-press juicing technology to ensure that you get the most nutrients possible. Clean Juice Heights believes that a healthy body and strong spirit starts with the food we eat. That’s why their 100% organic juices, smoothies & bites provide you not only nutrients but also energy for your day!

For updated hours, visit their website at https://www.cleanjuice.com/locations/heights/

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Thinking About Buying? Explore Markets Here: https://hmbt.co/9BLC4f

Own a Home? Unlock Your Home Value: https://hmbt.co/PCYMR4

————————————-

The MOVEMETOTX Team is a real estate team serving the Greater Houston area. We assist buyers, sellers, renters, and investors to achieve their real estate goals throughout Houston. To discuss your real estate goals, give us a call today!

🔻WATCH NEXT🔻

– Home Buying Series: https://bit.ly/movemetotxbuy

– Home Selling Series: https://bit.ly/movemetotxsell

Local Houston MUST VISIT Spots: https://bit.ly/3al5X4j

– Houston Homes For Sale: https://bit.ly/2DLOrKF

🔻FOLLOW US ON SOCIAL MEDIA🔻

– Facebook: http://www.facebook.com/movemetotx

– Instagram: http://www.instagram.com/movemetotx

– Twitter: http://www.twitter.com/movemetotx

– Website: http://www.movemetotx.com

🔻CONTACT INFO🔻

Katie Day

The MOVEMETOTX Team

Real Broker, LLC

Houston Texas

☎️: 832-558-2522

📩: katie@movemetotx.com

💻: http://www.movemetotx.com

#movemetotx #houstontexas