Take a look at these recent numbers from a Lending Tree survey:
- 63% have a positive outlook on the economy this year
- 69% have a positive outlook on housing this year
- 71% said they are considering selling their home this year
Please take a note of the third item above.
71% of homeowners are thinking about selling their home this year!
The rising trend in home prices is returning equity that had declined over the last few years to owners once more. This, along with an improving economy, is contributing to renewed consumer confidence.
It’s estimated that 75% of purchasers will be move-up buyers.
If you’re considering moving up to a new home, please also consider the cost of waiting.
So, our recommendation today is simply, don’t wait, buy now.
