According to the latest Housing Opportunities and Market Experience Survey conducted by the National Association of Realtors (NAR), homeowners agree that it’s a great time to sell a house. More specifically, 71 percent of respondents agree that it’s a good time to sell, which is a significant increase from last quarter’s 69 percent and last year’s 61 percent.
Throughout the country, the housing market has become a seller’s market—but that doesn’t mean every home will be sold quickly. In fact, with this type of market, some homes can remain “for sale” for months, while homes around them are sold in a matter of days.
RealtyTrac recently reported that home sellers throughout the country experienced the greatest monthly price gains in March than any other month since 2007, just before the onset of the Great Recession. That month, homeowners sold their homes for an average of $30,500 more than what they paid for—a record price gain of 17 percent since December 2007. According to Daren Blomquist, Senior Vice President of RealtyTrac, these numbers should remain promising for homeowners throughout the U.S.
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