The 1 Reason To List Your House Today

Dated: 12/07/2017

Views: 100

Image title

Many people believe that selling their house during “the spring buyers’ market” is the best thing to do. Their reasoning is that there will be more buyers than there are during the winter months and, therefore, their house will sell quicker and for a higher price.

Historically, this made sense. However, today’s real estate market is not following the rules of the past.

The National Association of Realtors (NAR) measures buyer “foot traffic” each month. It receives data on the number of properties shown to a prospective purchaser by a Realtor® (based on the number of lockboxes used). The data reveals the number of buyers out actively looking for a home, not just window shopping on the internet. NAR explains:

“Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future.”

According to the latest Foot Traffic Report, buyer traffic is greater now than it was during this year’s spring market and there are more buyers out now than at any other time in the last five years (March of 2012).

The chart below shows that buyer activity over the last three months (blue bars) was greater than it was during this past spring market (green bars).

Image title

Bottom Line

If you are waiting for next spring to list your home because you think that’s when the buyers will be out in force, perhaps you should reconsider. Buyers are out right now!

Blog author image

Gillian Cunningham

Gillian Cunningham’s name is synonymous with true professionalism, extraordinary knowledge, exceptional customer service, strong work ethic and high integrity standards. Gillian’s personal approac....

Want to Advertise on this Site?

Latest Blog Posts

Collin County Construction Outer Loop

CONSTRUCTION SOON TO BEGIN ON NEXT PHASE OF COLLIN COUNTY OUTER LOOPCollin County is currently acquiring the right-of-way needed to extend the Collin County Outer Loop. The next phase is scheduled

Read More

Construction Soon To Begin On Next Phase Of Collin County Outer Loop

Collin County is currently acquiring the right-of-way needed to extend the Collin County Outer Loop. The next phase is scheduled to begin in early 2019 and stretches between the planned northern

Read More

Feb 20 2018 32065 1

NEW CONSTRUCTION EXPECTED TO START IN 2018 ON POLO RIDGE RANCH COMMUNITY PLANNED FOR KAUFMAN COUNTYEarlier this month, at a council meeting, the City of Mesquite approved a plan for a new

Read More

Hot Home Colors For 2018

We are loving a couple of them!  Behr's "In the Moment" reminds us of the beach (I think we're missing the beach).  Also, PPG's "Black Flame" for a front door.  Super excited to

Read More