{"id":1333,"date":"2022-03-01T19:08:27","date_gmt":"2022-03-01T19:08:27","guid":{"rendered":"https:\/\/ecstatic-dubinsky.217-160-212-78.plesk.page\/?p=1333"},"modified":"2023-05-20T13:24:15","modified_gmt":"2023-05-20T13:24:15","slug":"the-1-reason-to-sell-your-house-today","status":"publish","type":"post","link":"https:\/\/dimerorealtygroup.com\/es\/the-1-reason-to-sell-your-house-today\/","title":{"rendered":"The #1 Reason To Sell Your House Today"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-entry size-entry wp-post-image\" src=\"https:\/\/files.mykcm.com\/2022\/02\/23123145\/20220224-KCM-Share.jpg\" sizes=\"(max-width: 750px) 100vw, 750px\" srcset=\"https:\/\/files.mykcm.com\/2022\/02\/23123145\/20220224-KCM-Share.jpg 750w, https:\/\/files.mykcm.com\/2022\/02\/23123145\/20220224-KCM-Share-600x328.jpg 600w, https:\/\/files.mykcm.com\/2022\/02\/23123145\/20220224-KCM-Share-100x55.jpg 100w\" alt=\"The #1 Reason To Sell Your House Today | MyKCM\" width=\"750\" height=\"410\" \/><\/p>\n<div class=\"kcm-post-minimal-content\">\n<p>Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply.<\/p>\n<p>Purchaser demand is very strong right now. The\u00a0<em>National Association of Realtors<\/em>\u00a0(NAR) just released their latest\u00a0<a title=\"Existing Home Sales Report\" href=\"https:\/\/www.nar.realtor\/newsroom\/existing-home-sales-surge-6-7-in-january\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Existing Home Sales Report<\/em><\/a>\u00a0which reveals that sales surged in January. Existing home sales rose to a seasonally adjusted annual rate of 6.5 million \u2013 an increase of 6.7% from the prior month, with sales up in all regions. However, there\u2019s one big challenge.<\/p>\n<h4><strong>Inventory Is at an All-Time Low<\/strong><\/h4>\n<p>Because purchaser demand is so high, the market is running out of available homes for sale. The above-mentioned report states that the current months\u2019 supply of inventory of homes for sale has fallen to 1.6 months. This prompts Lawrence Yun, Chief Economist at NAR, to say:<\/p>\n<blockquote><p><em>\u201cThe inventory of homes on the market remains woefully depleted, and in fact is\u00a0<strong>currently<\/strong>\u00a0<strong>at an all-time low<\/strong>.\u201d<\/em><\/p><\/blockquote>\n<p>Earlier this month,\u00a0<em>realtor.com<\/em>\u00a0released their\u00a0<a title=\"inventory data\" href=\"https:\/\/www.realtor.com\/research\/data\/\" target=\"_blank\" rel=\"noopener noreferrer\">inventory data<\/a>\u00a0for January. It helps confirm this point. Here\u2019s a graph comparing inventory levels for January over the last six years:<\/p>\n<p><a href=\"https:\/\/files.mykcm.com\/2022\/02\/23123141\/20220224-MEM-Eng-1.png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter wp-image-101263\" src=\"https:\/\/files.mykcm.com\/2022\/02\/23123141\/20220224-MEM-Eng-1.png\" alt=\"The #1 Reason To Sell Your House Today | MyKCM\" width=\"600\" height=\"450\" \/><\/a><\/p>\n<p>As the graph shows, new listings coming on the market have decreased over the last four years (<em>shown in blue in the graph<\/em>). The graph also reveals that carry-over inventory has plummeted in recent years. This is because listings are now sold so quickly, they don\u2019t stay on the market long enough to carry over month-to-month (<em>shown in green in the graph<\/em>). In other words, homes are not staying on the market for months as they had prior to the pandemic. In the report mentioned above, NAR reveals that:<\/p>\n<blockquote><p><em>\u201cSeventy-nine percent of homes sold in January 2022 were\u00a0<strong>on the market for less than a month<\/strong>.\u201d<\/em><\/p><\/blockquote>\n<p>Odeta Kushi, Deputy Chief Economist at\u00a0<em>First American<\/em>,\u00a0<a title=\"explains\" href=\"https:\/\/twitter.com\/odetakushi\/status\/1494695509486936067\" target=\"_blank\" rel=\"noopener noreferrer\">explains<\/a>\u00a0it like this:<\/p>\n<blockquote><p><em>\u201cA higher velocity of sales (lower [Days on Market]) helps to explain a housing market characterized by both higher sales &amp; lower inventory. Many resale transactions are happening so quickly that they \u2018flow\u2019 in &amp; then out of the \u2018stock\u2019 between the fixed monthly measurement of inventory.\u201d<\/em><\/p><\/blockquote>\n<h4><strong>What Does This Mean for Sellers?<\/strong><\/h4>\n<p>Anyone thinking of putting their home on the market shouldn\u2019t wait. A seller will always negotiate the best deal when demand is high and supply is limited. That\u2019s exactly the situation in the real estate market today.<\/p>\n<p>Later this year, inventory (and by extension, your competition) will increase as many homeowners are waiting to put their homes on the market in the spring and early summer.<\/p>\n<p>In addition, Len Kiefer, Deputy Chief Economist at\u00a0<em>Freddie Mac<\/em>,\u00a0<a title=\"says\" href=\"https:\/\/twitter.com\/lenkiefer\/status\/1494423003224059914\" target=\"_blank\" rel=\"noopener noreferrer\">says<\/a>:<\/p>\n<blockquote><p><em>\u201cHousing starts start off 2022 strong, just edging out 2021 for most in January since 2006.\u201d<\/em><\/p><\/blockquote>\n<p>As these newly built homes are completed, they will also become competition for your house. This gives you a tremendous opportunity right now.\u00a0<strong>Don\u2019t wait for that increase in competition in your area.<\/strong>\u00a0If you want to sell in 2022 and are ready to start the process, today is the day to list your house.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you\u2019re ready to sell, let\u2019s connect to get your house on the market while today\u2019s inventory situation is in your favor.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re ready to sell, let\u2019s connect to get your house on the market while today\u2019s inventory situation is in your favor.<\/p>","protected":false},"author":1,"featured_media":1334,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[],"class_list":["post-1333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-sellers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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