There’s a Long Line of Buyers Waiting for Your House

Dated: 01/13/2020

Views: 21

There’s a Long Line of Buyers Waiting for Your House

There’s a Long Line of Buyers Waiting for Your House | MyKCM

If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted,

“Sellers tend to be more reluctant to list during the colder time of year when the market typically makes a seasonal slowdown.”

However, a recent report by ShowingTime reveals how this year is different. Buyer activity is way up compared to the same time last year. The report explains,

“The nation’s 12.6% growth in home showings compared to 2018 was the most significant jump in buyer traffic during the current four-month streak of year-over-year increases. The West Region saw the greatest growth in activity, with a 23.1% jump – the region’s greatest in the history of the Showing Index.”

The increase has spread across all four regions of the country, as the graph below shows:There’s a Long Line of Buyers Waiting for Your House | MyKCM

Bottom Line

Waiting for the “spring buyers’ market” may be a mistake this year. It seems the purchasers are already out and looking to buy.

Blog author image

Minna French

"Always at your reach and at your service!" Buying or selling your home is one of the biggest financial transactions in your lifetime. What is the best price you can get? How long does it take to get....

Latest Blog Posts

How to Avoid a Gender Gap When Investing in the Housing Market

How to Avoid a Gender Gap When Investing in the Housing Market1.2KSHARES1.0K552184When buying a home, we all want to feel like we’re making the right decision, paying a fair price, and

Read More

Golfcart at the Beach, what are the rules?

Not just for golf anymore! So you have noticed many golf carts around town and down close to the beach. They are very popular for our coastal shoreline residents who use them for a trip down to the

Read More

Allegiant Airlines adds new flights to MYRTLE BEACH

New LOW COST flights are being added by Allegiant Airlines said the lowcost airline today. It's added new Wednesday and Saturday service from these 3 locations to Myrtle Beach (MYR) Providence,

Read More

Buying a home anywhere in Horry County: WORRIED ABOUT FLOODING?

When buying a home in #conway or #myrtlebeach or any coastal area, educate yourself about flooding and how they may impact different areas or homes you may be considering. Always ask your REALTOR;

Read More