The Housing Market is on the Rise-Time to Sell!

If you’ve been thinking about selling your home, the time is NOW to list on the housing market! Housing data for this year has shown that the current housing market offers a lot of great opportunities for home owners.

April sales were very promising. Chief Economist at Jonathan Smoke explained:

“We had a triple crown of April home sales reports, so 2016 is in the pole position to earn best year of home sales in a decade.”

Freddie Mac is also very optimistic about the home sales through the remainder of the summer:

“Home sales typically rise in the spring and summer months, and we anticipate acceleration in home sales that will surpass 2007’s pace by late summer.”

The greatest challenge in the housing market is the limited supply of inventory. It is considered a balanced market when there is a six-month supply of homes for sale; however, there are currently less than 5 months of inventory available. This is a 3.6% decline from last year at the same time.

Bottom Line

The housing market is on the rise, and a low inventory with high demand is creating great opportunities for those considering selling. Have you been thinking about selling your home and starting new? Feel free to browse our South Park NC Homes For Sale! Visit Showcase Realty’s selling page to get free insider access to all the best tools and information!

If you have any questions about your home selling journey, feel free to call us at 704.997.3794 or send us a message here. Our real estate consultants are happy to help!

If you decide you don’t like your home we will sell it for free. *some conditions apply*

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