{"id":8126,"date":"2022-09-19T06:00:53","date_gmt":"2022-09-19T10:00:53","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=8126"},"modified":"2022-09-19T06:00:53","modified_gmt":"2022-09-19T10:00:53","slug":"will-my-house-still-sell-in-todays-market","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=8126","title":{"rendered":"Will My House Still Sell in Today\u2019s Market?"},"content":{"rendered":"
\n

\"Will<\/p>\n

If recent headlines about the housing market cooling and buyer demand moderating have you worried you\u2019ve missed your chance to sell<\/a>, here\u2019s what you need to know.\u00a0Buyer demand hasn\u2019t disappeared, it\u2019s just eased from the peak intensity we saw over the past two years.<\/span><\/p>\n

Buyer Demand Then and Now<\/strong><\/h4>\n

During the pandemic, mortgage rates<\/a> hit record lows, and that spurred a significant rise in buyer demand.\u00a0This year, as rates increased due to factors like rising inflation<\/a>, buyer demand pulled back or softened as a result.\u00a0The latest data<\/a> from ShowingTime<\/em> confirms this trend (see graph below<\/em>):<\/p>\n

\"Will<\/a><\/p>\n

The orange bars in the graph above represent the last few months of data and the clear cooldown in the volume of home showings the market has seen since mortgage rates started to rise. But context is important. To get the full picture of where today\u2019s demand stands, let\u2019s look at the July data for the past six years (see graph below<\/em>):<\/p>\n

\"Will<\/a><\/p>\n

This second visual makes it clear that, while moderating compared to the frenzy in 2020 and 2021, showing activity is still beating pre-pandemic levels \u2013 and those pre-pandemic years were great years for the housing market. That goes to show there\u2019s still demand if you sell your house<\/a> today.<\/p>\n

What That Means for You When You Sell<\/strong><\/h4>\n

The key to selling in a changing market is understanding where the housing market is now. It\u2019s not the same market we had last year or even earlier this year, but that doesn\u2019t mean the opportunity to sell has passed.<\/p>\n

While things have cooled a bit, it\u2019s still a sellers\u2019 market<\/a>. If you work with a trusted local expert to price your house at the current market value<\/a>, the demand is still there<\/strong>, and it should sell quickly. According to a recent survey<\/a> from realtor.com<\/em>, 92% of homeowners who sold in August reported being satisfied with the outcome of their sale.<\/p>\n

Bottom Line<\/strong><\/h3>\n

Buyer demand hasn\u2019t disappeared, it\u2019s just moderated this year. If you\u2019re ready to sell your house today, let\u2019s connect so you have expert insights on how the market has shifted and how to plan accordingly for your sale.<\/p>\n

Content previously posted on Keeping Current Matters<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\"WillIf recent headlines about the housing market cooling and buyer demand moderating have you worried you\u2019ve missed your chance to sell, here\u2019s what you need to know.\u00a0Buyer demand hasn\u2019t disappeared, it\u2019s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit [\u2026]<\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","footnotes":""},"categories":[3,85,86,133],"tags":[],"class_list":["post-8126","post","type-post","status-publish","format-standard","hentry","category-blog","category-for-sellers","category-housing-market-updates","category-selling-myths"],"_links":{"self":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/8126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8126"}],"version-history":[{"count":0,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/8126\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}