There’s no arguing that the housing market in the US is currently favoring sellers; historically low inventory is heating up competition and driving up prices. And even with those higher prices, homes are flying off the market faster than ever before (according to recent data from the National Association of Realtors, homes stayed on the market for an average of 26 days in April 2018—the fewest number of days since the Association began tracking the data in 2011).
This favorable market is having a dramatic effect on seller confidence.
According to the National Association of Realtors’ most recent Housing Opportunities and Market Experience (HOME) Survey, a whopping 75% of Americans believe that now is a good time to sell a home—up from 61% just two years ago.
Three-quarters of the country believes that now is a good time to sell, and they believe it for a reason. The market has never been better for sellers than it is today, but these favorable conditions won’t last forever. So if you’ve been thinking about putting your home on the market, now is the time to make a move.
United Real Estate Solutions
Loving what you do is crucial to being good at what you do. Being a licensed real estate agent in Knoxville makes it easy for me to love being a Realtor. Whether my clients are coming or going, no real estate need is too big or too small. I work with buyers and sellers of all price ranges. My specialties include listing hard to sell homes, difficult or unique properties, photography, cool marketing, and extensive social media coverage. Thinking creatively and adapting to every unique situation in real estate is one of my favorite things about being a Realtor® and it shows.