Think Homes Aren’t Selling Right Now? Think Again
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now.
If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isn’t at a standstill. Contrary to what you may believe, buyers are still active and plenty of homes are selling right now.
According to the National Association of REALTORS® (NAR), based on the pace of sales right now, just over 4 million homes will sell this year.
Let’s break down what that really means:
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4.16 million homes divided by 365 days = 11,397 houses sell each day
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11,397 divided by 24 hours = 475 houses sell per hour
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475 divided by 60 minutes = about 8 houses sell each minute
A real estate expert can give you more information about:
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How many houses are being sold in your neighborhood
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The amazing advantages that sellers are experiencing right now
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The most important things buyers are searching for in your area
Together, you’ll use this knowledge to shape how you market your house based on local trends.
Bottom Line
If you’ve been waiting to sell because you don’t think there are buyers out there, know today’s market is active.
Every day you wait, around 11,000 other homeowners are selling.
In the time it took you to read this, eight homes sold.
When you’re ready to sell too, connect with a local real estate agent.
