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Friday, August 29, 2014

14,109 Houses Sold Yesterday! Did Yours?

 

14,109 Houses Sold Yesterday! Did Yours? | Keeping Current Matters

There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is... If it hasn't sold over the summer, maybe it's not priced properly.

After all 14,109 houses sold yesterday, 14,109 will sell today and 14,109 will sell tomorrow. 14,109!

That is the average number of homes that sell each and every day in this country according to the National Association of Realtors' (NAR) latest Existing Home Sales Report. NAR reported that sales are at an annual rate of 5.15 million. Divide that number by 365 (days in a year) and we can see that, on average, over 14,000 homes sell every day. Sales are at the highest pace of 2014 and have risen for four consecutive months.

We realize that you want to get the fair market value for your home. However, if it hasn't sold in today's active real estate market, perhaps you should reconsider your current asking price.

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2014 Summer Seller Guide Available Now! | Keeping Current MattersATTENTION: If you are a real estate agent looking for more information to simply and effectively explain to your clients why now is a great time to act, sign up for a Free 14 Day Trial of KCM and download the Summer Edition of our 11-page eGuide,Things to Consider When Selling Your House.

This article originally posted by Keeping Current Matters. Read more articles like this at www.KCMblog.com.