If you’ve been seeing headlines about home sales slowing down, you might be wondering if now is still a good time to sell your home.
The latest numbers show home sales rose slightly in September, but they’re still lower than they were last year. However, there’s more to the story than what the headlines are telling you.
Homes are still selling every day. No matter what’s happening with mortgage rates or the economy, life goes on. People start new jobs, grow their families, go through life changes, retire, downsize, or move closer to loved ones.
And those life changes mean there will always be buyers and sellers in every market.
Just Look at the Math
According to the National Association of Realtors (NAR), at the current pace, nearly 4 million homes are expected to sell this year. That works out to roughly:
11,000 homes every day
450 homes every hour
8 homes every minute
So, the market may be moving more slowly than it has in the past, but that doesn’t mean it has come to a stop. As Hannah Jones, Senior Economic Research Analyst at Realtor.com, explains:
““Even in today’s high-price, high-rate market, homebuying activity around major life events, such as having kids, a job change, or a divorce, keeps the market in motion.”
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Thousands of buyers are still looking for homes every day. The key is making sure your home stands out and catches their attention.
What That Means for Your Sale
Today’s buyers have more homes to choose from, so they’re being pickier about price and condition. That’s why having the right strategy from the beginning is more important than ever.
You don’t need every buyer to be interested in your home. You just need to reach the right buyer and know how to get your home in front of them.
Bottom Line
Don’t let headlines about slowing home sales make you think buyers have disappeared. Homes are still being bought and sold every day.
If you’re ready to move, let’s talk about how to make your home stand out and attract the right buyer.
