« Return to Blogs

More Americans Say Now is a Good Time to Sell!

Christian Penner,#ChristianPenner, Christian Penner Home Loan Company,#ChristianPennerHomeLoanCompany, Current Mortgage Rates,#CurrentMortgageRates, FHA loan,#FHAloan, FHA loans,#FHAloans, FHA Mortgage Financing Specialist,#FHAMortgageFinancingSpecialist, FHA Mortgage Lenders,#FHAMortgageLenders, FHA VA Financing Specialist,#FHAVAFinancingSpecialist, Harp Refinance,#HarpRefinance, Home Finance Mortgage,#HomeFinanceMortgage, Home Loan,#HomeLoan, Home Loan Company,#HomeLoanCompany, Home Mortgage,#HomeMortgage, Home Mortgage New,#HomeMortgageNew, Lenders Mortgage,#LendersMortgage, Mortgage,#Mortgage, Mortgage Banker,#MortgageBanker, Mortgage Banker West Palm Beach,#MortgageBankerWestPalmBeach, Mortgage Broker,#MortgageBroker, Mortgage Broker Florida,#MortgageBrokerFlorida, Mortgage Broker West Palm Beach,#MortgageBrokerWestPalmBeach, Mortgage Broker West Palm Beach,#MortgageBrokerWestPalmBeach, Mortgage Brokers,#MortgageBrokers, Mortgage Brokers West Palm Beach,#MortgageBrokersWestPalmBeach, Mortgage Companies,#MortgageCompanies, Mortgage Company,#MortgageCompany, Mortgage Lender West Palm Beach,#MortgageLenderWestPalmBeach, Mortgage Lender West Palm Beach,#MortgageLenderWestPalmBeach, Mortgage Lenders,#MortgageLenders, Mortgage Loan Lender,#MortgageLoanLender, Mortgage Loan Lenders,#MortgageLoanLenders, Mortgage Loans,#MortgageLoans, Mortgage Rate,#MortgageRate, Mortgage West,#MortgageWest, Palm Beach Mortgage Broker,#PalmBeachMortgageBroker, Palm Beach Mortgage Broker,#PalmBeachMortgageBroker, Palm Beach Mortgage Company,#PalmBeachMortgageCompany, Real Estate,#RealEstate, Real Estate,#RealEstate, Real Estate Home,#RealEstateHome, Real Estate Home,#RealEstateHome, Real Estate West Palm Beach,#RealEstateWestPalmBeach, Realtor,#Realtor, Realtor West Palm Beach,#RealtorWestPalmBeach, Refinance,#Refinance, Refinance A Mortgage,#RefinanceAMortgage, Refinance Home Loans,#RefinanceHomeLoans, Refinance Mortgage Lenders,#RefinanceMortgageLenders, VA Financing Specialist,#VAFinancingSpecialist, VA Home Loan Expert,#VAHomeLoanExpert, VA Home Loans,#VAHomeLoans,

More Americans Say Now is a Good Time to Sell!

Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year.

Overall, 62% of Americans surveyed said that now is a good time to sell (up from 58%), while 26% of respondents said that now is not a good time to sell (down from 30%). The net score is the difference between the two percentages, or 36%.

According to CoreLogichome prices are now up 6.7% over last year and 78.8% of homeowners with a mortgage in the US now have significant equity (defined as 20% or more).

As home prices have increased, more and more homeowners have realized that now is a good time to sell their homes in order to take advantage of the extra equity they now have.

At the same time, however, rising prices have had the exact opposite impact on the good-time-to-buy scale as many buyers are nervous that they will not be able to afford a home; the net score dropped 5 points to 18%.

Doug Duncan, Vice President & Chief Economist at Fannie Mae, had this to say,

“In the early stages of the economic expansion, home selling sentiment trailed home buying sentiment by a significant margin. The reverse is true today.

The net good time to sell share is now double the net good time to buy share, with record high percentages of consumers citing home prices as the primary reason for both perceptions. Such a sizable gap between selling and buying sentiment, if it persists, could weigh on the housing market through the rest of the year.”

Buyer demand continues to outpace the supply of homes for sale, which has driven prices up across the country. Until the supply starts to better match demand, there will be a gap between the sentiments surrounding buying and selling.

Bottom Line

If you are considering listing your home for sale this year, now is the time!

 

 

 

Read from source..>>

 

 


Questions, Comments or For more information you can contact Christian Penner at: (561) 316-6800 or Office Text Line: 561-530-2223 - visit us online at www.ChristianPenner.com

The Christian Penner Mortgage Team,

Buyer Referral Hotline : (561) 316-6800


Or You can click "Call Me" below to call Christian Penner directly using Google Voice


blackwhite#ChristianPenner, #MortgageBrokerWestPalmBeach talks about #RealEstateWestPalmBeach. He also serves other Local Areas and provides home #MortgageSolutionsforPalmBeachGardens, #Jupiter, #BocaRaton, #Wellington and #Tequesta. #ChristianPennerMortgageBrokerJupiter has the #lowestmortgagerates and the best #homemortgage programs like; #Jumboloans, #FHAHomeLoans, #VAHomeLoans, #ReverseMortgageHomeLoans, #FreddieMacHomeLoans, #FannieMaeHomeLoans and #HARPMortgageLoans. #ChristianPennerMortgageBrokerPalmBeachGardens has Served the area for over 15 years with his #HomeLoanLending Needs and Works with #TheChristianPennerMortgageTeam.
#AskMeAboutAMortgage #PalmBeachMortgageLender #WestPalmBeachMortgageLender #PalmBeachGardensMortgageLender
You Can Also Find Him On
fb mortgageFacebook at: https://web.facebook.com/YourMortgageBanker/

- - -

Christian Penner
712 U.S. Highway 1 North #300, North Palm Beach, FL 33408

Buyer Referral Hotline: (561) 316-6800 | Office Text Line: (561) 530-2223