{"id":453,"date":"2020-01-28T16:03:37","date_gmt":"2020-01-28T16:03:37","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=453"},"modified":"2020-01-28T16:03:40","modified_gmt":"2020-01-28T16:03:40","slug":"should-i-sell-my-house-this-year","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/should-i-sell-my-house-this-year\/","title":{"rendered":"Should I Sell My House This Year?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"750\" height=\"410\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-KCM-Share.jpg\" alt=\"\" class=\"wp-image-454\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-KCM-Share.jpg 750w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-KCM-Share-300x164.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/figure>\n\n\n\n<p>If one of the questions you\u2019re asking yourself today is,&nbsp;<em>\u201cShould I sell my house this year?\u201d&nbsp;<\/em>the current&nbsp;<em>Housing Opportunities and Market Experience&nbsp;<\/em>(HOME)&nbsp;<a href=\"https:\/\/www.nar.realtor\/sites\/default\/files\/documents\/2019-q4-home-survey-01-09-2020.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Survey<\/em><\/a>&nbsp;from the&nbsp;<em>National Association of Realtors\u00ae&nbsp;<\/em>(NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload in the media circling around talk of a possible recession, the upcoming 2020 election, and more, Americans feel good about selling a house now. That\u2019s some news to get excited about!<\/p>\n\n\n\n<p>As the graph below shows, as of Q4 2019, 75% of people surveyed indicate they believe now is a good time to sell a home:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"720\" height=\"540\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-MEM-Eng-1.jpg\" alt=\"\" class=\"wp-image-455\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-MEM-Eng-1.jpg 720w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-MEM-Eng-1-300x225.jpg 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/figure>\n\n\n\n<p>In the case of those with a yearly salary of $100,000 or more, the results jumped even higher, coming in at an 82% positive sentiment.<\/p>\n\n\n\n<p>When the study divided the outcomes by region, the results still consistently showed Americans feeling good about selling:<\/p>\n\n\n\n<ul><li>Northeast: 71% positive<\/li><li>Midwest: 76% positive<\/li><li>South: 72% positive<\/li><li>West: 81% positive<\/li><\/ul>\n\n\n\n<p>In addition to looking at income and region, the report also divided the results by generation, as shown in the graph below:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"720\" height=\"540\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-MEM-Eng-2.jpg\" alt=\"\" class=\"wp-image-456\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-MEM-Eng-2.jpg 720w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2020\/01\/20200128-MEM-Eng-2-300x225.jpg 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/figure>\n\n\n\n<p>As you can see, many believe that, despite everything going on in the world, it is still a good time to sell a home.<\/p>\n\n\n\n<p>According to NAR, the unsold inventory available today<em>&nbsp;\u201csits at a&nbsp;<\/em><a href=\"https:\/\/www.nar.realtor\/newsroom\/existing-home-sales-climb-3-6-in-december\" target=\"_blank\" rel=\"noreferrer noopener\"><em>3.0-month<\/em><\/a><em>&nbsp;supply at the current sales pace,\u201d<\/em>&nbsp;which is down from a 3.7-month supply in November. The current inventory is half of what we need for a normal or neutral&nbsp;<a href=\"https:\/\/www.mykcm.com\/2019\/10\/14\/existing-home-sales-report-indicates-now-is-a-great-time-to-sell\/\">housing market<\/a>, which should have a 6.0-month supply of unsold inventory. This is good news for sellers, as Lawrence Yun,&nbsp;<em>Chief Economist<\/em>&nbsp;at NAR<em>,<\/em>&nbsp;says:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><em>\u201cHome sellers are positioned well, but prospective buyers aren\u2019t as fortunate. Low inventory remains a problem, with first-time buyers affected the most.\u201d<\/em><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Bottom Line<\/strong><\/h3>\n\n\n\n<p>If you\u2019re ready to&nbsp;<a href=\"https:\/\/www.mykcm.com\/2020\/01\/27\/first-time-buyers-are-searching-for-existing-homes-this-year\/\">list your home<\/a>, you can feel good about the current sentiment in the market. Let\u2019s get together today to determine the best next step when it comes to selling your house this year.<\/p>\n\n\n\n<p>Contact us:<br><a href=\"https:\/\/phphouses.com\/\">PHP Houses<\/a><br>142 W Lakeview Ave<br>Unit 1030<br>Lake Mary, FL 32746<br>Ph: (407) 519-0719<br>Fax: (407) 205-1951<br>email: <a href=\"https:\/\/phphouses.com\/contact.html\">info@phphouses.com<\/a><\/p>\n\n\n\n<p>Let&#8217;s Connect:<br><a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br><a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-71b2422a\/\">Linkedin<\/a><br><a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br><a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If one of the questions you\u2019re asking yourself today is,&nbsp;\u201cShould I sell my house this year?\u201d&nbsp;the current&nbsp;Housing Opportunities and Market Experience&nbsp;(HOME)&nbsp;Survey&nbsp;from the&nbsp;National Association of Realtors\u00ae&nbsp;(NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload in the media circling around talk of a&hellip; <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/should-i-sell-my-house-this-year\/\">Finish Reading<span> Should I Sell My House This Year?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[38,15,18,27,57,86,52,9,49,40,20,24,48,13,28,54,19,6,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/453"}],"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=453"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/453\/revisions"}],"predecessor-version":[{"id":457,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/453\/revisions\/457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media\/454"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}