Homeowners Are Finally Ready to Sell
According to a new survey from the National Association of REALTORS®, 71 percent of Americans believe that now is a good time to sell their home. This is an increase from 69 percent last quarter and 61 percent last year. The growing confidence in sellers will hopefully lead to more housing inventory later this year, as low housing turnover is at the heart of the continuing supply and affordability problems afflicting many markets.
Take a look at NAR’s quarterly Housing Opportunities and Market Experience survey for information on current trends in real estate. Speak with sellers in your area who recently put their home on the market about their reasons for selling. Talk with REALTORS® in your community to learn if they have seen a spike in home listings in your area.