Most Homeowners Think Now Is A Good Time To Sell

Dated: 04/05/2018

Views: 94

The National Association of Realtors (NAR) recently released the findings of their Q2 Homeownership Opportunities and Market Experience (HOME) Survey. The report covers core topics like, “if now is a good time to buy or sell a home, the perception of home price changes, perceived ability to qualify for a mortgage, and [an] outlook on the U.S. economy.”

The survey revealed that 75% of homeowners think now is a good time to sell, compared to 70% last quarter. This is a considerable increase from more than a year ago when 66% agreed.

Even though homeowners believe that now is a good time to sell, many have not taken the step to list their homes, as inventory shortages still exist across the country. Lawrence Yun, NAR’s Chief Economist, had this to say:

“There are just not enough homeowners deciding to sell because they’re either content where they are, holding off until they build more equity, or hesitant seeing as it will be difficult to find an affordable home to buy…

As a result, inventory conditions have worsened and are restricting sales from breaking out while contributing to price appreciation that remains far above income growth.”

Bottom Line


If you are wondering if now is a good time to sell your house, get together with your local eXp Realtor to discuss the opportunities available in your market.  Contact me if you need help finding an eXp Realtor near you.  I sell Real Estate in downtown Chicago.



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Maybe you wonder how much your home is worth?  Create your own custom Chicago market report.  See all properties for sale, under contract, and sold.


Interested in finding a new home to move into?  Search Condos For Sale, Single Family Homes For Sale, or Townhomes For Sale in Chicago.


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Russ Vilt

Russ believes in providing value first. He demonstrates it everyday. He's a true professional who practices his craft so he can give the finest level of service possible. Lover of Coffee. His curr....

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