Home prices and inventory are anticipated to rise this spring.
New York, NY / ACCESSWIRE / April 3, 2016 / During the past few months many parts of the U.S. have experienced weather that has prevented homeowners from putting their homes on the market for sale. Most markets have been slowed to respond and have provided the lowest point for "homes for sale" inventory in almost a decade.
"There have never been such low inventory in the markets. Home sellers are waiting for the cold weather to end so that they can sell their homes for more when the spring arrives," says Geoffrey Jones CEO of InvestorWize.com a company that buys houses nationwide.
NAR chief economist Lawrence Yun stated, "There has been an ongoing unusual weather disruptions across much of the country last month with the continuing frictions of constrained inventory, restrictive mortgage lending standards and housing affordability less favorable than a year ago".
Ingo Winzer, president and founder of Local Market Monitor says in a MainStreet article, "In many real estate markets across the USA the economy has been growing quickly, there are lots of renters, and there aren't many foreclosed properties to provide competition".
InvestorWize is anticipating a huge increase in inventory in most real estate markets throughout the US. Demand from renters and home buyers coupled with the delay of "homes for sale" inventory leads to believe that there will be a spike in home sales and prices in the coming months because of warming weather. They have also provided tips and tutorials to help sell homes fast during spring.
InvestorWize is a company that buys homes nationwide. They help homeowners sell their homes fast even if they have have bad tenants, facing foreclosure, inherited a property or even if the home needs extensive repairs. For more information about us, please visit http://www.investorwize.com