Rinu Real Estate

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Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time to sell. Normally, spring is the busiest season in the housing market the time when many homeowners decide to list their houses. While this is obviou...sly not a normal year since the pandemic is still very much upon us, experts are optimistic that consumer positivity around selling will lead to more homeowners making moves this year. Doug Duncan, Vice President and Chief Economist at Fannie Mae, says, We will pay close attention to see if this newfound optimism develops into a trend. The fact that there are so few houses available for sale today is one driver that’s encouraging consumers to think more positively about selling. NAR states, "Total housing inventory at the end of January amounted to 1.04 million units, down 1.9% from December and down 25.7% from one year ago (1.40 million). With so few homes available to buy, your house will be more likely to rise to the top of an eager purchaser’s wish list in this competitive market. Today’s high buyer activity is creating upward pressure on home prices and more multiple-offer scenarios. In this kind of sellers’ market, you have a huge advantage in the process. And here’s another win you can also use your equity toward a down payment on a new home when you move. If you pressed pause on selling your house last year, now may be the best time to put your plans back into motion while inventory is so low. DM me today to get the process started. #Sellyourhouse #moveuphome #dreamhome #realestate #homeownership #realestategoals #realestatetips #realestatelife #realestatenews #realestateagent #realestateexpert #realestateagency #realestateadvice #realestateblog #realestatemarket #realestateexperts #instarealestate #instarealtor #realestatetipsoftheday #realestatetipsandadvice #justsold #keepingcurrentmatters