{"id":5755,"date":"2021-11-09T09:53:00","date_gmt":"2021-11-09T17:53:00","guid":{"rendered":"https:\/\/justo.ca\/blog\/?p=5755"},"modified":"2021-11-11T05:57:11","modified_gmt":"2021-11-11T13:57:11","slug":"why-low-housing-supply-is-best-for-sellers-the-top-3-reasons","status":"publish","type":"post","link":"https:\/\/blog.justo.ca\/blog\/why-low-housing-supply-is-best-for-sellers-the-top-3-reasons\/","title":{"rendered":"Why Low Housing Supply Is Best for Sellers: The Top 3 Reasons"},"content":{"rendered":"\n<p>Suppose you are following the housing market in <a href=\"https:\/\/justo.ca\/blog\/five-neighbourhoods-in-london-ontario-where-you-can-find-your-perfect-home\/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=five-neighbourhoods-in-london-ontario-where-you-can-find-your-perfect-home\">central Ontario <\/a>or anywhere in Canada in 2021. In that case, you may often hear people citing &#8220;Inventory is so low,&#8221; and they would not be wrong. Low inventory is not just an Ontario problem. It is an issue that affects the entire country, and the low inventory in the housing market is raising prices rapidly.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why <\/strong><strong>Low Housing Supply<\/strong><strong> is Good for Sellers<\/strong><\/h2>\n\n\n\n<p>It\u2019s not often that a housing shortage benefits a consumer. When competition is so intense, as it is currently, there is no time to waste. To a home seller, the fact that there are not enough homes on the market also means that you can likely get a better deal than if there were many homes on the market. Below are the top three reasons why a low housing supply is good for those <a href=\"https:\/\/justo.ca\/sell\">looking to sell their homes.<\/a><\/p>\n\n\n\n<ol><li><strong>Higher Home Prices<\/strong><\/li><\/ol>\n\n\n\n<p>With so many buyers in the market than homes available for sale, bidding wars are becoming more and more common with homebuyers. This drives up the price of a house. As a seller, this can work to your advantage, potentially netting you more for your home when you close the deal.<\/p>\n\n\n\n<ol start=\"2\"><li><strong>Better <\/strong><strong>Return on Your Investment<\/strong><\/li><\/ol>\n\n\n\n<p>As a seller, you have the leverage. When you are selling your house, what matters most is that the property sells \u2014 and fast. Putting the house on the market can be stressful, but the sooner it sells, the more money you\u2019ll walk away with. Prices are rising, so your home is gaining value, which in turn increases the equity you have in your home.<\/p>\n\n\n\n<p>Back in the good old days of real estate, sellers who tried to negotiate for the best price often ended with nothing. But today, sellers who have the resources to put their homes on the market are in a position to ask for the best price to be paid for the home\u2019s value.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"450\" src=\"https:\/\/justo.ca\/blog\/wp-content\/uploads\/2021\/11\/Better-Return-on-Your-Investment.jpg\" alt=\"Better Return on Your Investment\" class=\"wp-image-5756\" srcset=\"https:\/\/blog.justo.ca\/blog\/wp-content\/uploads\/2021\/11\/Better-Return-on-Your-Investment.jpg 1000w, https:\/\/blog.justo.ca\/blog\/wp-content\/uploads\/2021\/11\/Better-Return-on-Your-Investment-300x135.jpg 300w, https:\/\/blog.justo.ca\/blog\/wp-content\/uploads\/2021\/11\/Better-Return-on-Your-Investment-768x346.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<ol start=\"3\"><li><strong>Better Terms<\/strong><\/li><\/ol>\n\n\n\n<p><a href=\"https:\/\/justo.ca\/sell\">HomeSellers <\/a>also realize that buyers often see a sale of a home as a solid investment. When houses aren\u2019t on the market, they are often sold below market value, sometimes to those looking to flip the property. This means that the buyer has more to gain by buying it than someone who simply wants to own it as a residence. As a seller, you have the chance to secure a higher price and terms.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Don\u2019t Wait Too Long <\/strong><strong>to Sell<\/strong><\/h2>\n\n\n\n<p>Low housing inventory is a big deal if you want to sell your house at the perfect time. While many sellers can negotiate in today\u2019s market, it won&#8217;t last forever. Don&#8217;t wait until next year when more people return to the housing market, or you risk not being able to sell your house.<\/p>\n\n\n\n<p>Are you interested in selling your home? <a href=\"https:\/\/justo.ca\/home-value-estimator-canada\">Get a free home estimate now on Justo.ca<\/a><\/p>\n\n\n\n<p>Justo is committed to providing you with superior service, putting customer satisfaction at the heart of everything we do. Contact Us Today!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Suppose you are following the housing market in central Ontario or anywhere in Canada in 2021. In that case, you may often hear people citing &#8220;Inventory is so low,&#8221; and they would not be wrong. Low inventory is not just an Ontario problem. It is an issue that affects the entire country, and the low [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":5757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Low Housing Supply Is Best for Sellers: The Top 3 Reasons - Justo Real Estate Brokerage<\/title>\n<meta name=\"description\" content=\"Learn why low housing supply puts power in the hands of home sellers. 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