Do you want content like this delivered to your inbox?
Share

Sellers Are Ready To Enter The Housing Market

Share

Sellers In Denver Are Ready

Cher Revolinski

Your go-to real estate professional for Parker Colorado and the surrounding South Metro Denver area...

Your go-to real estate professional for Parker Colorado and the surrounding South Metro Denver area...

May 19 2 minutes read

Sellers Are Ready To Enter the Housing Market

Sellers Are Ready To Enter the Denver Housing Market


One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight.

The Home Purchase Sentiment Index (HPSI) by Fannie Mae recently noted the percentage of consumer respondents who say it’s a good time to sell a home increased from 61% to 67%. Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, indicates:


“Consumer positivity regarding home-selling conditions nearly matched its all-time high.” (See graph below):


It is a good time to sell your home

Fannie Mae isn’t the only expert group noticing a rise in the percentage of people thinking about selling. George Ratiu, Senior Economist at realtor.com, shares:


“The results of a realtor.com survey . . . showed that one-in-ten homeowners plans to sell this year, with 63 percent of those, looking to list in the next 6 months. Just as encouragingly, close to two-thirds of sellers plan to sell their homes at prices under $350,000, which would offer a tremendous boost to affordable housing for first-time buyers.”


Bottom Line

If you’re considering selling your house, don’t wait for more competition to pop up in your neighborhood. Let’s connect today to explore the benefits of selling your house now before more homes come to the market. You might also want to read our next blog about Why Waiting To Sell Your Denver Home Can Cost You A Fortune.

Selling Your Home? 

Get your home's value - our custom reports include accurate and up to date information.

Get Home Value
We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info