Skip To Content

Clark County Sellers Are Ready To Enter the Housing Market

Sellers Are Ready To Enter the Housing Market | MyKCM

One of the biggest questions in Clark County real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers in the area, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight.

The Home Purchase Sentiment Index (HPSI) by Fannie Mae recently noted the percentage of consumer respondents who say it’s a good time to sell a home increased from 61% to 67%. Doug Duncan, Senior Vice President and Chief Economist at Fannie Maeindicates:

Consumer positivity regarding home-selling conditions nearly matched its all-time high.” (See graph below):

Sellers Are Ready To Enter the Housing Market | MyKCM

Fannie Mae isn’t the only expert group noticing a rise in the percentage of people thinking about selling. George Ratiu, Senior Economist at realtor.comshares:

“The results of a realtor.com survey . . . showed that one-in-ten homeowners plans to sell this year, with 63 percent of those, looking to list in the next 6 months. Just as encouragingly, close to two-thirds of sellers plan to sell their homes at prices under $350,000, which would offer a tremendous boost to affordable housing for first-time buyers.”

Bottom Line

If you’re considering selling your house, don’t wait for more competition to pop up in your neighborhood. Let’s connect today to explore the benefits of selling your house now before more homes come to the market.

What’s Your Home Worth?

Trackback from your site.

Leave a Reply

*
*

About our blog

Our agents write often to give you the latest insights on owning a home or property in the Vancouver WA & Portland OR area.

Testimonials

Can’t say enough about the fantastic experience I had working with Steve Dobbs, Nathan and team! I wanted to make an offer on a building that was critical to the mission of my agency. Steve dropped everything when I called him and understood the urgency and went to work immediately. He and Nathan worked diligently and got the offer submitted and accepted all within just a few hours!! As if that wasn’t incredible alone, they also delivered on their promise of closing one week later. They were lig…
Kelly F.