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How Growing Inventory Benefits Today's Buyers

August 23, 2024
market conditions

How Growing Inventory Benefits Today's Buyers

August 23, 2024
Homenewsmarket conditions
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Homenewsmarket conditions
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How Growing Inventory Benefits Today's Buyers

In this Article...

As the inventory of homes for sale continues to grow, buyers in Savannah and the surrounding areas are finding themselves in a favorable market. With a national increase of over 36% year-over-year, this trend offers more options, enhanced negotiation power, and the possibility of sellers making select repairs. Partnering with EBRSavannah, a local agency dedicated exclusively to home buyers, can help you navigate this evolving landscape and capitalize on the benefits of a growing inventory.

How Growing Inventory Benefits Today's Buyers

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Some Highlights

  • While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal.​
  • Here’s what that means when you buy: more options for your search, more negotiation power for you, it’s more likely sellers will make select repairs, and more moderate price growth.
  • If you want to talk more about what rising inventory means for you, connect with a local real estate agent.
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