It’s that time of year; the seasons are changing and with them bring thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don’t have to look much farther to find four great reasons to consider buying a home now, instead of waiting.
Pending Home Sales Remain Steady
The National Association of REALTORS’ just released the results of their latest Pending Home Sales Index, which showed a small 1.4% decline in signed contracts in August. Pending sales remain strong year-over-year as they were 6.1% higher than August ’14 and have now risen for 12 consecutive months.
What is the Pending Home Sales Index (PHSI)?
Home Equity: You May Have More Than You Think
CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties (approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported:
#1 Reason to List Your House Today
If you are debating listing your house for sale this year or even early next year, here is the #1 reason not to wait!
Buyer Demand Continues to Outpace the Supply of Homes For Sale
![How Quickly Are Homes Selling In Your State? [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2015/09/01162100/20151002-Days-on-the-Market-STM.jpg)
Is it Time to Downsize your Home?
A recent study by Edelman Berland revealed that of homeowners who are contemplating selling their house in the near future 33% plan to scale down. Let’s look at a few reasons why that would make sense to many Americans. (more…)