What LOW Listing Inventory Means to YOUR Home Value?

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With inventory still historically low and the desire to purchase high, today’s buyers are getting creative and waiting longer to find the right deal. Here’s a breakdown of how the new numbers are stacking up, according to the National Association of Realtors: -46% of buyers had to expand their search area because of a lack of listing inventory. -Home buyers are now searching an average of 12 weeks to find the right home -91% of buyers are using a real estate professional to increase their odds of finding a home. -92% of buyers are starting their search for a property …