{"id":7532,"date":"2021-05-19T10:00:05","date_gmt":"2021-05-19T10:00:05","guid":{"rendered":"https:\/\/thezakariagroup.com\/sellers-are-ready-to-enter-the-housing-market\/"},"modified":"2021-05-19T10:00:05","modified_gmt":"2021-05-19T10:00:05","slug":"sellers-are-ready-to-enter-the-housing-market","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/sellers-are-ready-to-enter-the-housing-market\/","title":{"rendered":"Sellers Are Ready To Enter the Housing Market"},"content":{"rendered":"
\n

\"Sellers<\/p>\n

One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight.<\/span><\/p>\n

The Home Purchase Sentiment Index<\/a> (HPSI) by Fannie Mae<\/em> recently noted the percentage of consumer respondents who say it’s a good time to sell a home increased from 61% to 67%. Doug Duncan, Senior Vice President and Chief Economist<\/em> at Fannie Mae<\/em>, indicates<\/a>:<\/p>\n

\n

“Consumer positivity regarding home-selling conditions nearly matched its all-time high.”<\/strong> (See graph below<\/em>):<\/p>\n<\/blockquote>\n

\"Sellers<\/a>Fannie Mae<\/em> isn’t the only expert group noticing a rise in the percentage of people thinking about selling. George Ratiu, Senior Economist<\/em> at realtor.com<\/em>, shares<\/a>:<\/p>\n

\n

“The results of a realtor.com survey . . . showed that one-in-ten homeowners plans to sell this year, with 63 percent of those, looking to list in the next 6 months.<\/strong> Just as encouragingly, close to two-thirds of sellers plan to sell their homes at prices under $350,000, which would offer a tremendous boost to affordable housing for first-time buyers.”<\/em><\/p>\n<\/blockquote>\n

Bottom Line<\/strong><\/h3>\n

If you’re considering selling your house, don’t wait for more competition to pop up in your neighborhood. Let’s connect today to explore the benefits<\/a> of selling your house now before more homes come to the market.<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. 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