{"id":10642,"date":"2021-04-06T16:16:43","date_gmt":"2021-04-06T16:16:43","guid":{"rendered":"https:\/\/elizabethjebef.com\/?p=10642"},"modified":"2021-04-06T16:20:05","modified_gmt":"2021-04-06T16:20:05","slug":"what-it-means-to-be-in-a-sellers-market","status":"publish","type":"post","link":"https:\/\/elizabethjebef.com\/?p=10642","title":{"rendered":"What It Means To Be in a Sellers\u2019 Market?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you\u2019ve given even a casual thought to selling your home in the near future, this is the time to think seriously about making a move. Here\u2019s why this season is the ultimate&nbsp;<strong>sellers\u2019 market<\/strong>&nbsp;and the optimal time to make sure your house is&nbsp;available&nbsp;for buyers who are looking for homes to purchase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest&nbsp;<a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/housing-statistics\/existing-home-sales\" target=\"_blank\" rel=\"noreferrer noopener\">Existing Home Sales Report<\/a>&nbsp;from&nbsp;<em>The National Association of Realtors&nbsp;<\/em>(NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a&nbsp;<strong>2-month supply<\/strong>&nbsp;at the current sales pace.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Historically, a 6-month supply is necessary for a \u2018normal\u2019 or \u2018neutral\u2019 market in which there are enough homes available for active buyers: When the supply of houses for sale is as low as it is right now, it\u2019s much harder for buyers to find homes to purchase. As a result, competition among purchasers rises sharply making it&nbsp;essential for buyers to submit very attractive&nbsp;offers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As this happens, home prices rise and&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.simplifyingthemarket.com\/2021\/03\/08\/5-reasons-to-sell-your-house-this-spring-2\/?a=610978-203cf30af1e15a5de8a63d55ab30d1b4\" target=\"_blank\">sellers<\/a>&nbsp;are in the best position to negotiate deals that meet their&nbsp;ideal terms. If you put your house on the market while so&nbsp;few&nbsp;homes are available to buy, it will likely get a lot of attention from hopeful buyers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, there are many buyers who are ready, willing, and able to purchase a home. Low&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.simplifyingthemarket.com\/2021\/03\/09\/how-upset-should-you-be-about-3-mortgage-rates\/?a=610978-203cf30af1e15a5de8a63d55ab30d1b4\" target=\"_blank\">mortgage rates<\/a>&nbsp;and a year filled with unique&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.simplifyingthemarket.com\/2020\/11\/16\/why-working-from-home-may-spark-your-next-move\/?a=610978-203cf30af1e15a5de8a63d55ab30d1b4\" target=\"_blank\">changes<\/a>&nbsp;have prompted buyers to think differently about where they live \u2013 and they\u2019re taking action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Home prices continue to&nbsp;appreciate in today\u2019s sellers\u2019 market. Making your home available over the coming weeks will give you the most exposure to buyers who will actively compete  to purchase it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>6 April 2021 ~ If you\u2019ve given even a casual thought to selling your home in the near future, this is the time to really think seriously about making a move. <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[220,217,235],"tags":[232,230],"class_list":["post-10642","post","type-post","status-publish","format-standard","hentry","category-homeowners","category-sellers","category-sellers-market-2","tag-housing-market","tag-purchasing-a-home-during-the-pandemic"],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"elizabethjebef","author_link":"https:\/\/elizabethjebef.com\/?author=2"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=\/wp\/v2\/posts\/10642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10642"}],"version-history":[{"count":0,"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=\/wp\/v2\/posts\/10642\/revisions"}],"wp:attachment":[{"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elizabethjebef.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}