A newly-released Homeowner Sentiment Survey found that 23% of current homeowners were thinking about selling their homes, but hadn’t listed them for sale yet.
Housing inventory is down nearly 5 percent from this time last year according to the National Association of Realtors (NAR). Right now, there are 4.8 months of home inventory, which is substantially below the 6 months of supply indicating a balanced or normal housing market.
Inventory numbers show that the housing market is in the sellers’ favor. So why 1 in 4 homeowners hesitant to list their homes?
Lack of Knowledge
That’s right. It all comes down to being misinformed or misperceiving what is really going on in the housing market.
Ed offers you something most realtors can’t. He has firsthand knowledge of all sides of a real estate deal – buying, selling, renovating, investing and financing. So whether you’re looking for the perfect home for yourself or your family, want to sell your property quickly, or are interested in generating investment income, he can provide you the expertise you need. Contact Ed at [email protected]
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