75 Percent Of Homeowners Think Now Is A Good Time To Sell

Dated: June 29 2017

Views: 238


75% of Homeowners Think Now is a Good Time to Sell! | MyKCM

The National Association of Realtors (NAR) recently released the findings of their Q2 Homeownership Opportunities and Market Experience (HOME) Survey. The report covers core topics like, “if now is a good time to buy or sell a home, the perception of home price changes, perceived ability to qualify for a mortgage, and [an] outlook on the U.S. economy.”

The survey revealed that 75% of homeowners think now is a good time to sell, compared to 70% last quarter. This is a considerable increase from more than a year ago when 66% agreed.

Even though homeowners believe that now is a good time to sell, many have not taken the step to list their homes, as inventory shortages still exist across the country. Lawrence Yun, NAR’s Chief Economist, had this to say:

"There are just not enough homeowners deciding to sell because they’re either content where they are, holding off until they build more equity, or hesitant seeing as it will be difficult to find an affordable home to buy...

As a result, inventory conditions have worsened and are restricting sales from breaking out while contributing to price appreciation that remains far above income growth.”

Bottom Line

If you are wondering if now is a good time to sell your house, let’s get together to discuss the opportunities available in our market.

Blog author image

Joanne Mills

Joanne Mills is the Broker Owner of Exit Family Realty in Lindenhurst, NY. Joanne’s has created of brokerage of highly motivated, professional associates making a powerful, positive impact on client....

Latest Blog Posts

Rental In Long Beach NY 11561

https://maria.exitfamilyrealtyny.com/property/129-3278714-627-W-Park-Avenue-Long-Beach-NY

Read More

Alto Precios En Ventas

Por qué ahora puede ser el momento para vender su casa  14 14UTC enero 14UTC 2021  Para los compradores, Para los vendedores, 

Read More

Value 2021

What Does 2021 Have in Store for Home Values? According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8%

Read More

Valor De Propiedad En 2021

¿Qué tiene 2021 reservado para el valor de las casas?  11 11UTC enero 11UTC 2021  Para los compradores, Para los vendedores, Tasas

Read More
Fair Housing Icon NY Fair Housing Notice