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Inventory relief in sight as more people plan to list later this year – RealtyBizNews: Real Estate News (realtybiznews.com)

Inventory relief in sight as more people plan to list later this year – RealtyBizNews: Real Estate News

More homeowners are planning to list their homes for sale later this year, bringing hope that inventory shortages that have plagued markets across the U.S. could soon abate.

That’s according to a recent survey of 657 potential home sellers by realtor.com, which revealed that around 10% of homeowners say they’re planning to list their home before the end of the year. Further, 26% say they are planning to try and sell their homes within the next three years.

What’s even more promising is that the homeowners who say they are most likely to sell own homes valued at less than $350,000, which could help to relieve inventor woes in what is one of the tightest price segments – entry level homes.

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