The Real Estate Buzz: 11,000 Homes Are Sold Daily Here’s Why
In today’s real estate market, you may feel hesitant to sell your home, especially with mortgage rates and property prices higher than they’ve been in years. However, the truth is, that the market is far from stagnant . While sales have slowed compared to a typical market, millions of homes are still being bought and sold annually. This creates an opportunity for sellers who are ready to take action. Let’s dive deeper into the numbers and strategies to help you confidently list and sell your property. Understanding the Current Housing Market Despite challenges, 4.15 million homes sold last year , excluding new construction properties, according to the National Association of Realtors (NAR). That’s an impressive figure considering the economic environment. These numbers highlight that, while the pace of sales may have adjusted, the market remains active, with thousands of buyers still eager to find their dream homes . Here’s a breakdown of what those sales mean in real terms...