The Number 1 Reason To List Your House Today

Dated: 02/12/2018

Views: 10

Image title


Many people believe that selling their house during “the spring buyers’ market” is the best thing to do. Their reasoning is that there will be more buyers than there are during the winter months and, therefore, their house will sell quicker and for a higher price.

Historically, this made sense. However, today’s real estate market is not following the rules of the past.

The National Association of Realtors (NAR) measures buyer “foot traffic” each month. It receives data on the number of properties shown to a prospective purchaser by a Realtor® (based on the number of lockboxes used). The data reveals the number of buyers out actively looking for a home, not just window shopping on the internet. NAR explains:

“Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future.”

According to the latest Foot Traffic Report, buyer traffic is greater now than it was during this year’s spring market and there are more buyers out now than at any other time in the last five years (March of 2012).

The chart below shows that buyer activity over the last three months (blue bars) was greater than it was during this past spring market (green bars).

The #1 Reason to List Your House Today! | Keeping Current Matters

Bottom Line

If you are waiting for next spring to list your home because you think that’s when the buyers will be out in force, perhaps you should reconsider. Buyers are out right now!

Want to Advertise on this Site?

Latest Blog Posts

Why Millennials Choose To Buy

Why Millennials Choose to BuyAccording to NerdWallet's Millennials & Homebuying Study, the top 5 reasons young renters choose to own are:93% - To Have Control over Their Living Space Many

Read More

Showing Your Home Here Are 6 Tips To Keep It Tidy

Keeping your home looking like a furniture showroom for long stretches isn't easy. Here are a few tips to keep your house ready for showings while you're still living in it.1. Attack the clutterAs

Read More

4 Things Only A Realtor And Not The Internet Knows About Real Estate

According to the National Association of Realtors, 42 percent of homebuyers start their home search online, and 92 percent use the Web during the home search process. While the Internet can be a

Read More