{"id":2047,"date":"2021-09-14T15:03:19","date_gmt":"2021-09-14T15:03:19","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=2047"},"modified":"2021-09-14T15:03:19","modified_gmt":"2021-09-14T15:03:19","slug":"truth-todays-buyer-demand","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/truth-todays-buyer-demand\/","title":{"rendered":"The Truth About Today\u2019s Buyer Demand"},"content":{"rendered":"
\"\"

The Truth About Today\u2019s Buyer Demand<\/p><\/div>\n

When it comes to the latest news in\u00a0real estate<\/a>, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the\u00a0experts<\/a>. Those of us in the housing market respect that buying or selling a home is a major life decision, and we offer advice based on what the data shows.<\/p>\n

Despite what you may have read, the housing market is still undeniably strong. Here\u2019s a look at what leading experts have to say about\u00a0buyer demand<\/a>\u00a0today and how it continues to shape the industry:<\/p>\n

Michael Lane<\/a>, President at\u00a0ShowingTime<\/em>:<\/h5>\n

\u201cIn general, there are definite signs of cooling demand.\u00a0However, buyer traffic is still at historically high levels compared to pre-pandemic showings<\/strong>.\u201d<\/em><\/p><\/blockquote>\n

Odeta Kushi<\/a>, Deputy Chief Economist at\u00a0First American<\/em>:<\/h5>\n

\u201cSeasonally adjusted purchase applications tick up slightly to the highest level since July.\u00a0Demand for homes remains strong and steady.<\/strong>\u00a0Excluding 2020 (not a good benchmark)\u00a0purchase applications are the strongest in a decade<\/strong>.\u201d<\/em>\u00a0<\/em><\/p><\/blockquote>\n

Selma Hepp<\/a>, Deputy Chief Economist at\u00a0CoreLogic<\/em>:<\/h5>\n

\u201cHome buyer demand pushed price growth to a new record high in June<\/strong>, with S&P CoreLogic national Case-Shiller Index clocking in an 18.6% year-over-year growth rate. The month-to-month index jumped 2.18%,\u00a0making it another strong monthly growth, and the fastest May-to-June increase since the data series began.\u201d<\/strong><\/em><\/p><\/blockquote>\n

What It Means for You<\/strong><\/h4>\n

As a seller, buyer demand is an important factor that helps influence how fast your house will sell and how many buyers may be competing for it. When buyers have to compete against each other for a limited supply of available homes, bidding wars can drive prices up. While things have cooled slightly since the peak of the pandemic housing rush, buyer demand is still far surpassing historical norms. That\u2019s why we\u2019re still in a\u00a0sellers\u2019 market<\/a>.<\/p>\n

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

If you\u2019re torn on whether or not you want to sell your home this year, rest assured it\u2019s still a\u00a0great time<\/a>\u00a0to make a move. Let\u2019s connect to discuss how you can sell now and do it on your best terms thanks to today\u2019s buyer demand.<\/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 OF ADVICE.<\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"

Despite what you may have read, the housing market is still undeniably strong. Here\u2019s a look at what leading experts have to say about\u00a0buyer demand\u00a0today and how it continues to shape the industry. Finish Reading The Truth About Today\u2019s Buyer Demand<\/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":[377,363,272,38,10,18,27,91,52,49,42,168,12,24,48,13,326,47,19,327,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2047"}],"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=2047"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2047\/revisions"}],"predecessor-version":[{"id":2049,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2047\/revisions\/2049"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=2047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=2047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=2047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}