{"id":5095,"date":"2020-01-28T10:00:52","date_gmt":"2020-01-28T15:00:52","guid":{"rendered":"https:\/\/christinapinkerman.com\/wp\/should-i-sell-my-house-this-year\/"},"modified":"2020-01-28T10:00:52","modified_gmt":"2020-01-28T15:00:52","slug":"should-i-sell-my-house-this-year","status":"publish","type":"post","link":"https:\/\/christinapinkerman.com\/wp\/should-i-sell-my-house-this-year\/","title":{"rendered":"Should I Sell My House This Year?"},"content":{"rendered":"<div>\n<p><img decoding=\"async\" width=\"358\" src=\"https:\/\/christinapinkerman.com\/wp\/wp-content\/uploads\/20200128-KCM-Share-549x300-1.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Should I Sell My House This Year? | Simplifying The Market\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/christinapinkerman.com\/wp\/wp-content\/uploads\/20200128-KCM-Share-549x300-1.jpg 549w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/01\/27152916\/20200128-KCM-Share.jpg 750w\" sizes=\"(max-width: 549px) 100vw, 549px\"><\/p>\n<p>If one of the questions you&rsquo;re asking yourself today is, <em>&ldquo;Should I sell my house this year?&rdquo; <\/em>the current <em>Housing Opportunities and Market Experience <\/em>(HOME) <a href=\"https:\/\/www.nar.realtor\/sites\/default\/files\/documents\/2019-q4-home-survey-01-09-2020.pdf\"><em>Survey<\/em><\/a> from the <em>National Association of Realtors&reg; <\/em>(NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload in the media circling around talk of a possible recession, the upcoming 2020 election, and more, Americans feel good about selling a house now. That&rsquo;s some news to get excited about!<span id=\"more-41643\"><\/span><\/p>\n<p>As the graph below shows, as of Q4 2019, 75% of people surveyed indicate they believe now is a good time to sell a home:<a href=\"https:\/\/christinapinkerman.com\/wp\/wp-content\/uploads\/20200128-MEM-Eng-1.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-41644\" src=\"https:\/\/christinapinkerman.com\/wp\/wp-content\/uploads\/20200128-MEM-Eng-1.jpg\" alt=\"Should I Sell My House This Year? | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"https:\/\/christinapinkerman.com\/wp\/wp-content\/uploads\/20200128-MEM-Eng-1.jpg 720w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/01\/27152809\/20200128-MEM-Eng-1-400x300.jpg 400w\" sizes=\"(max-width: 650px) 100vw, 650px\"><\/a>In the case of those with a yearly salary of $100,000 or more, the results jumped even higher, coming in at an 82% positive sentiment.<\/p>\n<p>When the study divided the outcomes by region, the results still consistently showed Americans feeling good about selling:<\/p>\n<ul>\n<li>Northeast: 71% positive<\/li>\n<li>Midwest: 76% positive<\/li>\n<li>South: 72% positive<\/li>\n<li>West: 81% positive<\/li>\n<\/ul>\n<p>In addition to looking at income and region, the report also divided the results by generation, as shown in the graph below:<a href=\"https:\/\/christinapinkerman.com\/wp\/wp-content\/uploads\/20200128-MEM-Eng-2.jpg\"><img decoding=\"async\" class=\"aligncenter wp-image-41645\" src=\"https:\/\/christinapinkerman.com\/wp\/wp-content\/uploads\/20200128-MEM-Eng-2.jpg\" alt=\"Should I Sell My House This Year? | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"https:\/\/christinapinkerman.com\/wp\/wp-content\/uploads\/20200128-MEM-Eng-2.jpg 720w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/01\/27152846\/20200128-MEM-Eng-2-400x300.jpg 400w\" sizes=\"(max-width: 650px) 100vw, 650px\"><\/a>As you can see, many believe that, despite everything going on in the world, it is still a good time to sell a home.<\/p>\n<p>According to NAR, the unsold inventory available today<em> &ldquo;sits at a <\/em><a href=\"https:\/\/www.nar.realtor\/newsroom\/existing-home-sales-climb-3-6-in-december\"><em>3.0-month<\/em><\/a><em> supply at the current sales pace,&rdquo;<\/em> which is down from a 3.7-month supply in November. The current inventory is half of what we need for a normal or neutral <a href=\"https:\/\/www.simplifyingthemarket.com\/2019\/10\/14\/existing-home-sales-report-indicates-now-is-a-great-time-to-sell\/?a=364401-3b56ebb70dafbecc4de42825d439e92e\">housing market<\/a>, which should have a 6.0-month supply of unsold inventory. This is good news for sellers, as Lawrence Yun, <em>Chief Economist<\/em> at NAR<em>,<\/em> says:<\/p>\n<blockquote>\n<p><em>&ldquo;Home sellers are positioned well, but prospective buyers aren&rsquo;t as fortunate. Low inventory remains a problem, with first-time buyers affected the most.&rdquo;<\/em><\/p>\n<\/blockquote>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you&rsquo;re ready to <a href=\"https:\/\/www.simplifyingthemarket.com\/2020\/01\/27\/first-time-buyers-are-searching-for-existing-homes-this-year\/?a=364401-3b56ebb70dafbecc4de42825d439e92e\">list your home<\/a>, you can feel good about the current sentiment in the market. Let&rsquo;s get together today to determine the best next step when it comes to selling your house this year.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>If one of the questions you&rsquo;re asking yourself today is, &ldquo;Should I sell my house this year?&rdquo; the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors&reg; (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5096,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[14,5,21,26,31],"tags":[],"class_list":["post-5095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baby-boomers","category-for-sellers","category-generation-x","category-millennials","category-selling-myths"],"_links":{"self":[{"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/posts\/5095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/comments?post=5095"}],"version-history":[{"count":0,"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/posts\/5095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/media\/5096"}],"wp:attachment":[{"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/media?parent=5095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/categories?post=5095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christinapinkerman.com\/wp\/wp-json\/wp\/v2\/tags?post=5095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}