Its A Great Time To List Your Home

Its A Great Time To List Your Home

                                                                                                                                    Image title

                                        Return of The Housing Market



Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the economy will turn around. If you’re trying to figure out what’s going to happen and how to play your cards this year, you’re not alone.

This spring in the 2020 NAR Flash Survey: Economic Pulse, the National Association of Realtors (NAR) has been tracking the behavior changes of homebuyers and sellers. In a reaction to their most recent survey, Lawrence Yun, Chief Economist at NAR, noted the beginnings of a turn in the market:

“After a pause, home sellers are gearing up to list their properties with the reopening of the economy…Plenty of buyers also appear ready to take advantage of record-low mortgage rates and the stability that comes with these locked-in monthly payments into future years.”

The survey indicates that sellers are poised to list their homes on the market when the restrictions have been lifted.  It also indicated that buyers preferences have been impacted.  Buyers have shifted their preferences from urban settings to the suburbs.  Buyers also are more focused on home offices, bigger yards, and more square footage.  If you are considering selling your home please give me a call.  There is likely a buyer match just waiting for more inventory.




Gready Frazier

Agent Broker

Exit Midlands Realty

803-924-5785

Click here to search the entire MLS




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Phone: 803-606-8712
Dated: May 14th 2020
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