For-Sale Homes Inch up—a First for a January in a Long Time — RISMedia

“Buyers should not mistake a few more options for a sudden bounty,” Terrazas says. “With home values still increasing at a steady clip, it’s clear that demand still outstrips supply, and with mortgage rates down from recent highs, the first quarter of 2019 is shaping up to be more competitive than the lull we saw as 2018 came to a close.”

For-sale home inventory is steadily ticking up, gradually growing for four of the last five months, according to new research by Zillow. This January, there were 1.2 percent more homes on the market nationally than there were in Jan. 2018, accounting for 19,455 additional listings, according to the latest real estate report by Zillow. There…

via For-Sale Homes Inch up—a First for a January in a Long Time — RISMedia