“Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began with a marked boost in buyer interest.”
Buyers clearly have the right idea, as mortgage rates have dropped over a full percentage point since the fall of 2018. They’ve hovered in a historically low range since this summer, making the overall cost of homeownership significantly more attractive and affordable.
Here’s the breakdown of how ShowingTime reports current buyer traffic patterns across the country:
“TheWest Region, which until August had experienced 18 consecutive months of flagging home buyer traffic, lead the four regions in year-over-year improvement with an 8.9 percent increase in buyer activity.
The Southfollowed with a 6.4 percent increase, the largest such improvement in the region since April 2018, with theNortheast Region’s5.6 percent increase the next largest among the four regions.
With ShowingTime reporting “nationwide growth for the second consecutive month, a first since December 2017 – January 2018”, it’s one more reason why selling your house this winter is the way to go. List while buyers are on the market, before competition with other sellers pops up in your neighborhood.
If you’re thinking of waiting until spring to sell, think again! Let’s get together to discuss listing your house now while buyer traffic is actively surging throughout the country.
Author:Diana Polovko Phone: 984-833-9233 Dated: November 15th 2019 Views: 267 About Diana: Honesty, integrity, and hard work are the key elements of my business. Behind every home sale or pur...
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A Historic Rebound for the Housing MarketPending Home Sales increased
" My name is Dee. Laura helped us find our new home in one of our favorite neighborhoods. She REALLY went over and beyond for us with negotiations. She was able to have all of our demands met plus more. She made us comfortable with the whole home-buying process. She answered any questions no matter how many times we asked them (sometimes the same question). She would explain everything to us in a way that we could understand. Just out generosity she found us discounts on services that we could use like the inspection. Even once we closed on our house she still would check in on us to see if we needed anything."