Welcome to the SuperRealtyGroupLLC.com Blog

2019-08-02 12:50:05
What a Difference a Year Makes for Sellers

 

What a Difference a Year Makes for Sellers | MyKCM

Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy.

We’ve reported on inventory shortages in the past, and it’s been a constant concern for potential buyers throughout recent years. New research shows the inventory concern is starting to decrease among potential buyers.

According to First American, the two leading obstacles to homeownership that buyers feel today are Affordability and Limited Inventory. This means the feeling that homes are less affordable has risen, while the fear of limited inventory has decreased, delivering a wealth of good news for sellers.What a Difference a Year Makes for Sellers | MyKCMAt the same time, over the past 12 months, we’ve seen a steady month-over-month increase in the number of homes coming to market for purchase. In the past, the lack of listings and available inventory slowed down the real estate market. This recent increase in current inventory has many buyers and sellers now thinking it is time to make their move – and rightfully so! For the last two months, we’ve seen over 4 months of inventory become available for sale, a promising number that’s been slowly increasing this year and creating more buying opportunities.What a Difference a Year Makes for Sellers | MyKCMTo further support the idea of an improving real estate market, Sam Khater, the Chief Economist at Freddie Mac says,

“…In the near-term, we expect the housing market to continue to improve from both a sales and price perspective.” 

Many experts, like Sam, believe the second half of 2019 will drive a stronger market than we saw at the beginning of the year. This is great news for homeowners who have put off getting their houses on the market and are now ready to make a move.

Bottom Line

What a difference we’ve seen over the course of this year! If you’re thinking of selling, now is the time as inventory is on the rise.

 
Blog Archive
2019-08-08 09:54:58
Getting a Mortgage: Why SO MUCH Paperwork?

2019-08-08 09:40:25
Create Wealth: Move Up Now!!

2019-08-08 09:39:42
41% of Americans Would Prefer to Build Their Home

2019-08-08 09:36:32
Harvard: 5 Financial Reasons to Buy a Home by Tarik Hall

2019-08-08 09:35:27
FSBO Millionaires Use Real Estate Agents by Tarik Hall

2019-08-08 09:34:09
Difference Between a ‘White Lie’ and Lying by Tarik Hall

2019-08-08 09:32:36
5 Reasons to Hire a Real Estate Professional by Tarik Hall

2019-08-08 09:30:43
Homeownership’s Impact on Net Worth by Tarik Hall

2019-08-08 09:29:32
Gallup Poll: Real Estate Best Long Term Investment by Tarik Hall

2019-08-08 09:28:42
Either Way, You’re Still Paying a Mortgage by Tarik Hall

2019-08-08 09:25:58
Want to Sell Your House? Price it Right! by Tarik Hall

2019-08-08 09:25:19
Freddie Mac: Doubtful Rates Will Return to Recent Lows by Tarik Hall

2019-08-08 09:23:44
Harvard: 5 Financial Reasons to Buy a Home by Tarik Hall

2019-08-08 09:22:38
Millennials: Optimistic & Ready to Buy by Tarik Hall

2019-08-08 09:21:52
Who Says Millennials Are Not Buying Houses? by Tarik Hall

2019-08-08 09:20:13
Hispanic Millennials & Housing by Tarik Hall

2019-08-02 13:01:46
The Feeling You Get from Owning Your Home by Tarik Hall

2019-08-02 12:58:55
4 REAL Reasons Why We Buy A Home!

2019-08-02 12:57:33
3 Powerful Reasons to Buy a Home Now

2019-08-02 12:56:26
Mid-Year Housing Market Update: Three Things to Know Today by Tarik Hall

2019-08-02 12:55:32
What Experts are Saying About the Current Housing Market by Tarik Hall

2019-08-02 12:54:21
Is Renting Right for Me?

2019-08-02 12:52:36
The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] by Tarik Hall

2019-08-02 12:51:13
The Surprising Profile of the Real Estate Investor by Tarik Hall

2019-08-02 12:50:05
What a Difference a Year Makes for Sellers

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.