{"id":5092,"date":"2017-06-27T00:00:00","date_gmt":"2017-06-27T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/confident-homeowners-flirt-with-selling\/"},"modified":"2017-06-27T00:00:00","modified_gmt":"2017-06-27T00:00:00","slug":"confident-homeowners-flirt-with-selling","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/confident-homeowners-flirt-with-selling\/","title":{"rendered":"Confident Homeowners Flirt with Selling"},"content":{"rendered":"

[ad_1]
\n<\/p>\n

<\/p>\n

Seventy-one percent of homeowners say now is a good time to sell, according to the National Association of REALTORS\u00ae\u2019s second-quarter Housing<\/a> Opportunities and Market Experience (HOME) survey.\u00a0The percentage is up considerably from the 61 percent of homeowners who said it was a good time to sell last year.<\/p>\n

Owners in the Midwest are the most excited about potentially selling at 76 percent, surpassing the West at 72 percent for the first time this year.<\/p>\n

The rise in home prices may be persuading more homeowners to list their home. Could that lead<\/a> to more listings<\/a>?<\/p>\n

Not necessarily, according to Lawrence Yun, NAR\u2019s chief economist.<\/p>\n

\"\"<\/strong><\/p>\n

Yun says there\u2019<\/span>s\u00a0a gap between homeowners\u2019 selling confidence and whether they\u2019ll actually\u00a0list their home.<\/p>\n

\u201cThere are just not enough homeowners deciding to sell because they\u2019re either content where they are, holding off until they build more equity, or hesitant seeing as it will be difficult to find an affordable home to buy,\u201d Yun says. \u201cAs a result, inventory conditions have worsened and are restricting sales from breaking out while contributing to price appreciation that remains far above income growth.\u201d<\/p>\n

Still, Yun says, the increase in seller confidence could translate to more added inventory later this year.<\/p>\n

\u201cLow housing turnover is one of the roots of the ongoing supply and affordability problems plaguing many markets,\u201d Yun says.<\/p>\n

Renters Are Less Optimistic<\/strong><\/p>\n

NAR\u2019s survey also found that fewer renters believe now is a good time to buy. Fifty-two percent of renters say it\u2019s a good time to buy, which is down from 62 percent a year ago. On the other hand, 80 percent of homeowners say now is a good time for homebuying.<\/p>\n

\u201cIt should come as little surprise that the confidence reading among renters has fallen every month since January (64.8) and currently sits at its lowest level (53.8) since tracking began in March 2015 (65.7),\u201d Yun says. \u201cPaying more in rent each year and seeing home prices outpace their incomes is discouraging, and it\u2019s unfortunately pushing homeownership further away\u2014especially for those living in expensive metro areas on the East and West Coast.\u201d<\/p>\n

Source: \u201cHousing Opportunities and Market Experiences Survey,\u201d National Association of REALTORS\u00ae (2017 Q2)<\/em><\/p>\n<\/div>\n

[ad_2]
\n
 Realtors.org <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[ad_1] Seventy-one percent of homeowners say now is a good time to sell, according to the … Confident Homeowners Flirt with Selling<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5093,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1403,12908,543,627,344,1007,41,818,479,61,15301],"class_list":["post-5092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-home","tag-home-buying-guide","tag-homeowners","tag-housing","tag-owners","tag-property","tag-real","tag-realtor","tag-seller","tag-translate"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/Q2%20HOME%20Survey%20Infographic.jpeg?fit=1600%2C5116&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7533,"url":"https:\/\/amazingproperty.com.ng\/blog\/consumers-have-doubts-despite-strong-economy\/","url_meta":{"origin":5092,"position":0},"title":"Consumers Have Doubts Despite Strong Economy","author":"Amazing Property","date":"December 18, 2017","format":false,"excerpt":"More households are feeling the strain in their personal financial situations and losing confidence in the housing market, even as the country sees solid job growth and record gains in the stock market, according to the National Association of REALTORS\u00ae\u2019 fourth-quarter Housing Opportunities and Market Experience (HOME) survey, based on\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Q4 Home Survey Infographic.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/Q4-HOME-Survey-Infographic.png?fit=375%2C1200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6850,"url":"https:\/\/amazingproperty.com.ng\/blog\/report-average-owner-stays-put-for-10-years\/","url_meta":{"origin":5092,"position":1},"title":"Report: Average Owner Stays Put for 10 Years","author":"Amazing Property","date":"October 31, 2017","format":false,"excerpt":"Homeowners continue to delay moving, as the typical seller in 2017 had stayed in his or her home for 10 years before selling\u2014a tie for the record tenure set in 2014, according to the National Association of REALTORS\u00ae\u2019 2017 Profile of Home Buyers and Sellers. Homeowner tenure has steadily increased\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"2017 Hbs Infographic Sellers.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/2017%20HBS%20Infographic%20-%20Sellers.jpg?fit=744%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/2017%20HBS%20Infographic%20-%20Sellers.jpg?fit=744%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/2017%20HBS%20Infographic%20-%20Sellers.jpg?fit=744%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/2017%20HBS%20Infographic%20-%20Sellers.jpg?fit=744%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":11405,"url":"https:\/\/amazingproperty.com.ng\/blog\/turning-owners-into-sellers\/","url_meta":{"origin":5092,"position":2},"title":"Turning Owners Into Sellers","author":"Amazing Property","date":"November 21, 2022","format":false,"excerpt":"Inventory shortages have plagued markets across the country, but a new survey suggests a turnaround may soon begin to break for frustrated buyers who can\u2019t find enough homes for sale. Ten percent of homeowners say they plan to list their home for sale this year, and more than a quarter\u201426%\u2014say\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/04\/2004_DN_ForSaleSign.jpg?fit=1200%2C580&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/04\/2004_DN_ForSaleSign.jpg?fit=1200%2C580&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/04\/2004_DN_ForSaleSign.jpg?fit=1200%2C580&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/04\/2004_DN_ForSaleSign.jpg?fit=1200%2C580&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/04\/2004_DN_ForSaleSign.jpg?fit=1200%2C580&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8063,"url":"https:\/\/amazingproperty.com.ng\/blog\/renters-are-getting-frustrated\/","url_meta":{"origin":5092,"position":3},"title":"Renters Are Getting Frustrated","author":"Amazing Property","date":"February 7, 2018","format":false,"excerpt":"The majority of renters say they want to own a home in the future and believe that homeownership is a critical piece of the American dream. But making the leap into homeownership is facing bigger hurdles as the market sees higher home prices and a shortage of homes for sale,\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Nar2018aspiringhomebuyers.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/NAR2018AspiringHomeBuyers.png?fit=447%2C1200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5102,"url":"https:\/\/amazingproperty.com.ng\/blog\/contract-signings-pull-back-on-supply-woes\/","url_meta":{"origin":5092,"position":4},"title":"Contract Signings Pull Back on Supply Woes","author":"Amazing Property","date":"June 28, 2017","format":false,"excerpt":"[ad_1] Ongoing inventory shortages are propelling home prices higher, causing pending home sales to slump for the third consecutive month, the National Association of REALTORS\u00ae reported Wednesday. None of the major regions of the U.S. saw an increase in contract activity in May. NAR\u2019s Pending Home Sales Index, a forward-looking\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/May%20PHS%20Infographic.jpg?fit=540%2C576&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/May%20PHS%20Infographic.jpg?fit=540%2C576&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/06\/May%20PHS%20Infographic.jpg?fit=540%2C576&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6306,"url":"https:\/\/amazingproperty.com.ng\/blog\/housing-shortages-constrain-existing-home-sales\/","url_meta":{"origin":5092,"position":5},"title":"Housing Shortages Constrain Existing-Home Sales","author":"Amazing Property","date":"September 20, 2017","format":false,"excerpt":"For the fourth time in five months, existing-home sales dropped as a shortage of homes for sale continues to plague the housing market. Strained supply levels of homes are making it that sales are unable \u201cto break out,\u201d according to the National Association of REALTORS\u00ae\u2019 latest housing report, released Wednesday.\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/5092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=5092"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/5092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/5093"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=5092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=5092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=5092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}