{"id":2872,"date":"2022-08-04T15:48:46","date_gmt":"2022-08-04T15:48:46","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=2872"},"modified":"2022-08-04T15:48:46","modified_gmt":"2022-08-04T15:48:46","slug":"still-sellers-market","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/still-sellers-market\/","title":{"rendered":"Why It\u2019s Still a Sellers\u2019 Market"},"content":{"rendered":"<div id=\"attachment_2873\" style=\"width: 760px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-2873\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-2873\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/08\/20220804-KCM-Share.jpeg\" alt=\"\" width=\"750\" height=\"410\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/08\/20220804-KCM-Share.jpeg 750w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/08\/20220804-KCM-Share-300x164.jpeg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><p id=\"caption-attachment-2873\" class=\"wp-caption-text\">Why It\u2019s Still a Sellers\u2019 Market<\/p><\/div>\n<p>As there\u2019s more and more talk about the <a title=\"real estate market\" href=\"https:\/\/www.mykcm.com\/2022\/08\/02\/3-graphs-to-show-this-isnt-a-housing-bubble\/\">real estate market<\/a> cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to <a title=\"sell your house\" href=\"https:\/\/www.mykcm.com\/2022\/07\/18\/wondering-where-youll-move-if-you-sell-your-house-today\/\">sell your house<\/a>. If you\u2019re thinking of making a move, you should know the market is still anything but normal.<\/p>\n<p>Even though the supply of <a title=\"homes for sale\" href=\"https:\/\/www.mykcm.com\/2022\/06\/17\/more-listings-are-coming-onto-the-market-infographic\/\">homes for sale<\/a> has been growing this year, there\u2019s still a shortage of homes on the market. And that means conditions continue to favor sellers today. That\u2019s because the level of <a title=\"inventory\" href=\"https:\/\/www.mykcm.com\/2022\/07\/22\/great-news-about-housing-inventory-infographic\/\">inventory<\/a> of homes for sale can help determine if buyers or sellers are in the driver\u2019s seat. Think of it like this:<\/p>\n<ul>\n<li>A <strong>buyers\u2019 market<\/strong> is when there are more homes for sale than buyers looking to buy. When that happens, buyers have the negotiation power because sellers are more willing to compromise so they can sell their house.<\/li>\n<li>In a <strong>sellers\u2019 market<\/strong>, it\u2019s just the opposite. There are too few homes available for the number of buyers in the market and that gives the seller all the leverage. In that situation, buyers will do what they can to compete for the limited number of homes for sale.<\/li>\n<li>A <strong>neutral market<\/strong> is when supply is balanced and there are enough homes to meet buyer demand at the current sales pace.<\/li>\n<\/ul>\n<p>And for the past two years, we\u2019ve been in a red-hot sellers\u2019 market because inventory has been near record lows. The blue section of this graph <a title=\"highlights\" href=\"https:\/\/www.nar.realtor\/topics\/existing-home-sales\" target=\"_blank\" rel=\"noopener noreferrer\">highlights<\/a> just how far below a neutral market inventory still is today.<\/p>\n<div id=\"attachment_2874\" style=\"width: 970px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-2874\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-2874\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/08\/kcm-infographic-1659625174.png\" alt=\"Graphs\" width=\"960\" height=\"840\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/08\/kcm-infographic-1659625174.png 960w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/08\/kcm-infographic-1659625174-300x263.png 300w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2022\/08\/kcm-infographic-1659625174-768x672.png 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><p id=\"caption-attachment-2874\" class=\"wp-caption-text\">Months Inventory of Homes for Sale<\/p><\/div>\n<article id=\"post-103758\" class=\"post-103758 post type-post status-publish format-standard has-post-thumbnail hentry category-sellers category-housing-market-updates category-selling-myths\">\n<div class=\"entry-wrap\">\n<div class=\"entry-content content\">\n<h4><strong>What Does This Mean for You?<\/strong><\/h4>\n<p>Ed Pinto, Director of the <em>American Enterprise Institute\u2019s Housing Center,<\/em> gives a perfect summary of what\u2019s happening in today\u2019s market, <a title=\"saying\" href=\"https:\/\/fortune.com\/2022\/06\/26\/housing-market-outlook-prices-appreciation\/\" target=\"_blank\" rel=\"noopener noreferrer\">saying<\/a>:<\/p>\n<blockquote><p><em>\u201cOverall, the best summary is that we\u2019ll move from a gangbuster sellers\u2019 market to a modest sellers\u2019 market.\u201d<\/em><\/p><\/blockquote>\n<p>Conditions are still in your favor even though the market is cooling. If you work with an agent to price your house at market value, you\u2019ll find success when you <a title=\"sell your house\" href=\"https:\/\/www.mykcm.com\/2022\/06\/30\/if-youre-selling-your-house-this-summer-hiring-a-pro-is-critical\/\">sell your house<\/a> today. While buyer demand is softening due to higher mortgage rates, homes that are <a title=\"priced right\" href=\"https:\/\/www.mykcm.com\/2022\/06\/06\/why-you-need-an-expert-to-determine-the-right-price-for-your-house\/\">priced right<\/a> are still selling fast. That means your window of opportunity to list your house hasn\u2019t closed.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>Today\u2019s housing market still favors sellers. If you\u2019re ready to sell your house, let\u2019s connect so you can start making your moves.<\/p>\n<\/div>\n<\/div>\n<\/article>\n<p><strong>Contact us:<\/strong><br \/>\nPHP Houses<br \/>\n142 W Lakeview Ave<br \/>\nUnit 1030<br \/>\nLake Mary, FL 32746<br \/>\nPh:\u00a0<span id=\"gc-number-1\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 519-0719<\/span><br \/>\nFax:\u00a0<span id=\"gc-number-2\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 205-1951<\/span><br \/>\nemail:\u00a0info@phphouses.com<\/p>\n<p><strong>Let\u2019s Connect:<\/strong><br \/>\n<a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br \/>\n<a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-25403710\/\">Linkedin<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br \/>\n<a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><\/p>\n<h5><em>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<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As there\u2019s more and more talk about the real estate market cooling off from the peak frenzy, you may be questioning what that means for your plans to sell your house. If you\u2019re thinking of making a move, you should know the market is still anything but normal. <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/still-sellers-market\/\">Finish Reading<span> Why It\u2019s Still 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":[15,530,18,366,9,66,49,84,42,252,529,20,12,48,28,326,47,19,6],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2872"}],"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=2872"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2872\/revisions"}],"predecessor-version":[{"id":2875,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2872\/revisions\/2875"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=2872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=2872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=2872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}