2019 Will Be A Great Year For Buyers AND Sellers

Dated: February 19 2019

Views: 56

2019 Will Be a Great Year for Buyers AND Sellers | MyKCM

Many homeowners believe that rising interest rates and home priceshave scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming!

NerdWallet’s 2018 Home Buyer Report revealed that:

“Approximately one-third (32%) of Americans plan to purchase a home in the next five years. Millennials are most likely to have such a purchase in their five-year plan (49%), versus 35% of Generation X and 17% of baby boomers.”

As we can see, buyers are optimistic! According to the report, here are the top reasons Americans plan to buy:

2019 Will Be a Great Year for Buyers AND Sellers | MyKCM

The most common reason Americans prioritize buying is that they believe it’s a good investment!

If you’re a homeowner looking to sell, 2019 is the perfect year to put your house on the market. But why?

  1. Buyers want to buy

  2. No competition!

At least 3 of the renowned organizations that report on real estate market trends predict that homeowners are going to wait until 2020 to list their homes, leading to a nice increase in sales (as shown in the graph below).

2019 Will Be a Great Year for Buyers AND Sellers | MyKCM

Don’t wait for a competitive market; be ahead of the curve and sell your house at the best possible price!

Bottom Line

There are plenty of buyers entering the market! Whether you’re a first-time homebuyer or a current homeowner looking to move-up to your next home, let’s get together to discuss your real estate needs!

 #relocation #boise #boiseidaho #firsttimehomebuyers #homeownership #blakeonboise #alisonblakegroup

Latest Blog Posts

What Do Supply And Demand Tell Us About Todays Housing Market

What Do Supply and Demand Tell Us About Today’s Housing Market?There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the

Read More

Whats Causing Todays Competitive Real Estate Market INFOGRAPHIC

What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. &

Read More

111285 Reasons You Should Buy A Home This Year

111,285 Reasons You Should Buy a Home This YearThe financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the

Read More

As Home Equity Rises So Does Your Wealth

As Home Equity Rises, So Does Your WealthHomeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that

Read More