This year might be the perfect time to sell your house, and here's why. A recent survey by NerdWallet reveals that 15% of people are planning to buy a home this year, marking a record high for this survey.
Why is this significant? Since 2020, the percentage of prospective buyers has hovered between 9-11%. This recent uptick indicates that buyer demand hasn't vanished; rather, it suggests there's a pent-up demand ready to re-enter the market.
While this doesn't mean we're about to see a massive influx of buyers like in previous years, it does suggest there will be more activity this year compared to last. Some of the buyers who postponed their plans in recent years are likely to jump back into the market. Whether they're feeling more confident about moving, have finally saved enough to buy, or simply can't wait any longer, this is the year they're ready to make a move.
Additionally, the same NerdWallet survey shows that over half (54%) of these potential buyers have already started browsing homes online. This is a strong indicator that many will be actively searching during the peak homebuying season this spring. By partnering with the right agent to ensure your house is well-prepared, priced, and marketed, you can position your home to capture their attention.
In Summary: With more people planning to move this year, having a strategic approach can ensure your home is among the first they consider. What unique features of your home will captivate these buyers?
The Vano Maurry Team is here to help your home stand out with a comprehensive strategy. From preparing your home for sale to crafting a compelling listing and executing a targeted marketing plan, we ensure your property captures the attention of potential buyers. Connect with us to maximize your home's appeal and market presence.
Content and graph courtesy of Keeping Current Matters
