{"id":1580,"date":"2021-03-29T15:45:52","date_gmt":"2021-03-29T15:45:52","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=1580"},"modified":"2021-03-29T15:45:52","modified_gmt":"2021-03-29T15:45:52","slug":"means-sellers-market","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/means-sellers-market\/","title":{"rendered":"What It Means To Be in a Sellers\u2019 Market"},"content":{"rendered":"
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What It Means To Be in a Sellers\u2019 Market<\/p><\/div>\n

If you\u2019ve given even a casual thought to\u00a0selling<\/a>\u00a0your house in the near future, this is the time to really think seriously about making a move. Here\u2019s why this season is the ultimate\u00a0sellers\u2019 market<\/strong>\u00a0and the optimal time to make sure your house is\u00a0available<\/a>\u00a0for buyers who are looking for homes to purchase.<\/p>\n

The latest\u00a0Existing Home Sales Report<\/a>\u00a0from\u00a0The National Association of Realtors\u00a0<\/em>(NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a\u00a02-month supply<\/strong>\u00a0at the current sales pace.<\/p>\n

Historically, a 6-month supply is necessary for a \u2018normal\u2019 or \u2018neutral\u2019 market in which there are enough homes available for active buyers\u00a0(See graph below)<\/em>:<\/p>\n

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The Impact of Monthly Housing Inventory on Home Prices<\/p><\/div>\n

When the supply of houses for sale is as low as it is right now, it\u2019s much harder for buyers to find homes to purchase. As a result, competition among purchasers rises and more bidding wars take place, making it\u00a0essential<\/a>\u00a0for buyers to submit very attractive\u00a0offers<\/a>.<\/p>\n

As this happens, home prices rise and\u00a0sellers<\/a>\u00a0are in the best position to negotiate deals that meet their\u00a0ideal terms. If you put your house on the market while so\u00a0few<\/a>\u00a0homes are available to buy, it will likely get a lot of attention from hopeful buyers.<\/p>\n

Today, there are many buyers who are ready, willing, and able to purchase a home. Low\u00a0mortgage rates<\/a>\u00a0and a year filled with unique\u00a0changes<\/a>\u00a0have prompted buyers to think differently about where they live \u2013 and they\u2019re taking action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house.<\/p>\n

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

Home prices are\u00a0appreciating<\/a>\u00a0in today\u2019s sellers\u2019 market. Making your home available over the coming weeks will give you the most exposure to buyers who will actively compete against each other to purchase it.<\/p>\n

Contact us:<\/strong>
\nPHP Houses
\n142 W Lakeview Ave
\nUnit 1030
\nLake Mary, FL 32746
\nPh:\u00a0(407) 519-0719<\/span>
\nFax:\u00a0(407) 205-1951<\/span>
\nemail:\u00a0info@phphouses.com<\/p>\n

Let\u2019s Connect:<\/strong>
\nFacebook<\/a>
\nLinkedin<\/a>
\nTwitter<\/a>
\nInstagram<\/a><\/p>\n

THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

Here\u2019s why this season is the ultimate\u00a0sellers\u2019 market\u00a0and the optimal time to make sure your house is\u00a0available\u00a0for buyers who are looking for homes to purchase. Finish Reading What It Means To Be in a Sellers\u2019 Market<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[38,10,18,91,66,49,84,42,252,63,20,12,24,48,13,28,326,54,47,19,6,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1580"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=1580"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1580\/revisions"}],"predecessor-version":[{"id":1583,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1580\/revisions\/1583"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=1580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=1580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=1580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}