6 Reasons Why This Is Actually the Best Time in Years To Sell a House

Dated: January 20 2021

Views: 5

So if you're a home seller who assumed they should write off this summer's home-selling season as a lost cause, it's time for a reality check! Here are a few reasons why the market could actually be moving strongly in your favor.

1. Home buyer demand is back with a vengeance

Granted, in the spring, when COVID-19 was spurring many states to enforce quarantine and ban open houses, home selling understandably went dormant for a while. But now that lockdown restrictions are loosening up in some states, home buyers are out with a vengeance—and many of them are eager to make up for lost time.

Indeed, the real estate market is already seeing strong signs of a rebound, according to the National Association of Realtors®' Pending Home Sales Index (a forward-looking indicator of home sales based on contract signings). In May, after two months of decline, pending home sales shot up 44.3%—the highest month-over-month jump since 2001, when the index began.

“If we continue to see an increase in working from home, people can move farther away, where they can get more bang for their buck,” Gardner says.

Blog author image

Stephanie Swanson

Meet Stephanie I’m a natural problem-solver with a passion for customer service that happens to sell houses. A good thing in today’s market where even a typical real estate transaction will have a....

Latest Blog Posts

The Right Expert Will Guide You Through This Unprecedented Market

In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing 

Read More

Home Values Projected to Keep Rising

Home Values Projected to Keep RisingAs we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic

Read More

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to ForeclosureThere has been a lot of discussion as to what will happen once the 2.3 million households currently in

Read More