The 1 Reason To Put Your House On The Market TODAY

The 1 Reason To Put Your House On The Market TODAY

The #1 Reason to Put Your House on The Market TODAY!

The #1 Reason to Put Your House on The Market TODAY! | MyKCM

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may look at these numbers and think that now is a bad time to sell their house, but in fact, the opposite is true.

The national slowdown in sales is directly tied to a lack of inventory available for the buyers who are out in the market looking for their dream homes! In fact, the inventory of homes for sale had fallen year-over-year for 36 consecutive months before posting a modest 0.5% gain last month and has had an upward impact on home prices.

NAR’s Chief Economist Lawrence Yun had this to say,

“It’s important to note that despite the modest year-over-year rise in inventory, the current level is far from what’s needed to satisfy demand levels. Furthermore, it remains to be seen if this modest increase will stick, given the fact that the robust economy is bringing more interested buyers into the market, and new home construction is failing to keep up.”

The few houses that are on the market are selling fast! According to NAR’s Realtors Confidence Index, properties were typically on the market for 26 days.

Bottom Line

If you are one of the many homeowners who is debating listing your house for sale this year, the time is now! Let’s get together to discuss the specifics of our market!


Matt Watson Headshot
Author:
Phone: 214-417-9171
Dated: July 30th 2018
Views: 45
About Matt: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Supply Demand Will Determine Future Home Values - Supply & Demand Will Determine
Millionaire To Millennials Owning Your Home Can Help You Retire Sooner - Millionaire to Millennials: Owning
You Need An Agent Who Will Always Put You First - You Need an Agent Who Will Always
The 1 Reason To Put Your House On The Market TODAY - The #1 Reason to Put Your House on

Our Bloggers

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Dallasy.com, LLC
3609 Cedar Springs Road, Suite 102
Dallas, TX
214-247-7398