Housing in America is booming again! Sales are up, homes are gaining value and the turnover rate is becoming more reasonable. Which for you, the average American home buyer or seller, means a less stressful housing market.
Last year, as you may recall, was a total seller’s market. While all signs point to 2014 being a bit more even than that, it’s definitely safe to say that sellers still have more of an edge right now – and if this recent survey is any indication, most of you guys already know that!
According to a new poll conducted by the real estate data firm LendingTree, a whopping 71 percent of American homeowners believe that 2014 will be a good time to sell their houses. A lot of this depends on the value of their properties, though, with 47 percent of that group saying they’d only consider selling if they saw their equity go up further. But with prices jumping all over the country, the forecast is looking very sunny. In other words, if you’re looking to sell your house this year, you should not have trouble getting asking price, if not more.
“As home values continue to improve across the country, sellers who have been sidelined due to low property values will start to take action in the market,” Doug Lebda, the CEO of LendingTree, said in an official statement. “Although it’s unlikely that 70 percent of current homeowners will sell this year, it’s a positive sign for the housing market that more homeowners are considering the possibility of moving.”
If you live in Salt Lake City and need some tips on how to sell your home for top dollar, let the Muve Real Estate Group lend you a hand!