According to keepingcurrentmatters.com, if you’re hesitating to sell your home due to concerns about rates and prices, it’s time to gain some perspective. The real estate market is still active, even if sales aren’t as high as usual. While last year saw fewer transactions than a typical market, roughly 4.15 million homes were sold, excluding new construction, according to the National Association of Realtors (NAR). And expectations are high for that number to rise in 2025.
Here’s the key takeaway: Homes are still selling, and your home could be one of them.
Homes Are Selling Every Minute
To put things into perspective, let’s break it down:
- 4.15 million homes sold in a year
- That’s about 11,370 homes sold every day
- 474 homes sold each hour
- 8 homes sell every minute
That means that even as you read this, homes are selling. There are still eager buyers looking for properties, and your home could be the one they’re waiting for.
Buyer Demand Is Still Strong
While higher prices and mortgage rates have made some buyers cautious, many are still motivated by life changes. Whether it’s a new job, family needs, or other reasons, people continue to move. Don’t let the headlines fool you – there is still a strong demand for homes.
Get Your Home in Front of Buyers
While some homeowners may hesitate to list their homes, there are still plenty of buyers actively searching for properties. With the right agent, you can ensure your home is shown to the right buyers and capitalize on current demand. Now is the time to act.
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Source: keepingcurrentmatters.com