by Pearl Realty
on Monday, January 19th, 2015 at 2:08pm.
Is 2015 the Year to Sell Your Home?
According to experts, 2015 is on track to bring something the housing market hasn’t seen in a while: a return to normal. If you’ve been on the fence about selling your home, we have good news: It’s a great market for sellers! Limited inventory continues to drive home prices up, and the latest data from the National Association of Realtors shows that 41% of recently sold properties spent less than a month on the market.
Here’s a peek at what you can expect going into 2015:
Home prices continue to rise—but at a steadier pace. We may not see the heated price jumps that marked 2013, but the National Association of Realtors sees this as a sign the market is finally experiencing healthy levels of growth.
Jobs are up and unemployment is down. Thanks to a banner year for job growth in 2014, consumers are gaining confidence. In fact, a recent Fannie Mae survey found that 68% of consumers say it’s a good time to buy a home—great news for sellers!
Of course, the decision to sell your home isn’t solely based on market conditions. You have to take your personal situation into account—and that’s where expert advice comes in handy.