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4x As Many Renters Looking To Buy as Homeowners Are Looking To Sell
When you sell your home, you want to make sure you’re getting the best price for your property. The best way to do that is to sell when demand is high and supply is low. And if you look at supply and demand, there’s never been a better time to sell your home. According to the most recent Home Price Insights Report from CoreLogic, there are four times as many renters looking to purchase a home in the next twelve months than there are homeowners looking to sell. And as rents continue to rise around the country, the number of renters looking to transition to ownership will only increase. (According to Realtor.com’s most recent Market Outlook Report from Q4 2017, rents rose in a whopping 78% of counties across the US year-over-year.)
The Takeaway If you’ve been thinking about selling your home, now is the time to make a move. With so many potential buyers flooding the market, demand has never been higher, and that demand will get you a much higher price for your property.
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