{"id":2403,"date":"2022-02-07T15:57:08","date_gmt":"2022-02-07T15:57:08","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=2403"},"modified":"2022-02-07T15:57:08","modified_gmt":"2022-02-07T15:57:08","slug":"consumers-agree-good-time-sell","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/consumers-agree-good-time-sell\/","title":{"rendered":"Consumers Agree: It\u2019s a Good Time To Sell"},"content":{"rendered":"
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Consumers Agree: It\u2019s a Good Time To Sell<\/p><\/div>\n

In today\u2019s sellers\u2019 market, many homeowners are weighing their options and trying to decide if they should sell their house. If you\u2019re in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, and your own changing needs to determine your best time to make a move.<\/p>\n

However, recent data shows that time may already be here. According to the latest Home Purchase Sentiment Index<\/em><\/a>(HPSI) by Fannie Mae<\/em>, 76% of consumers believe now is a good <\/strong>time to sell<\/strong><\/a>.<\/strong><\/p>\n

Looking back over the past few years, its clear consumers are incredibly optimistic today. The graph below shows the percent of survey respondents who say it\u2019s a good time to sell a house, and their positive outlook is on the rise. The big dip near the middle of the chart indicates how consumer sentiment about selling dropped at the beginning of the pandemic as uncertainty about the health crisis and its impact grew. The good news is, the trend today shows a continued, drastic improvement, and people are feeling more and more confident with time about selling a home.<\/p>\n

In fact, survey respondents think it\u2019s an even better time to sell a house today than they did in the lead-up to the health crisis. <\/strong>The latest survey results indicate we\u2019re at one of the strongest peaks in seller sentiment since March of 2019, hitting highs when 77% of people thought it was a good time to sell only twice before in June and October of 2021.<\/p>\n

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Today’s Consumers Are Saying It’s a Good Time To Sell<\/p><\/div>\n

Why Are Consumers So Optimistic About Today\u2019s Housing Market?<\/strong><\/h4>\n

From record-high equity gains<\/a> to record-low housing supply<\/a> and significant buyer demand<\/a>, homeowners have more motivation than ever to sell. There are more buyers in today\u2019s market than there are homes for sale, and that\u2019s driving home prices up, making it a great time to sell your house.<\/strong><\/p>\n

According to the National Association of Realtors <\/em>(NAR), the current supply of homes<\/a> for sale today is at a 1.8-month supply, which is an all-time low. <\/strong>When the supply of homes for sale is low, sellers will likely see more offers, which is exactly what\u2019s happening right now. As NAR notes:<\/p>\n

\u201cThe average home for sale is receiving 3.8 offers today, up from 3.3 offers just one year ago<\/strong>.\u201d<\/em><\/p><\/blockquote>\n

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

With the inventory of houses for sale so low today pushing home prices in an upward direction, it\u2019s no wonder consumers think it\u2019s a good time to sell. If you\u2019re ready to take advantage of today\u2019s favorable sellers\u2019 market, let\u2019s connect today.<\/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 contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The author will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.<\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"

In today\u2019s sellers\u2019 market, many homeowners are weighing their options and trying to decide if they should sell their house. Finish Reading Consumers Agree: It\u2019s a Good Time To Sell<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[451,10,18,16,329,57,25,9,49,42,40,20,452,394,48,443,28,326,197,54,253,47,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2403"}],"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=2403"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2403\/revisions"}],"predecessor-version":[{"id":2406,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2403\/revisions\/2406"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=2403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=2403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=2403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}