- Housing News
- February 16, 2021
Is it a Good Time to Sell Your House? People Certainly Seem to Think So
With record-low inventory and high prices, more people are realizing it's a good time to sell.
Ben is the Managing Editor for New American Funding. In this role, Ben helps with content creation, news coverage, and serving our audience of borrowers, real estate agents, loan originators, and other housing professionals. Prior to joining New American Funding, Ben worked at HousingWire, a top housing media outlet. Ben joined HousingWire in 2014 as a reporter and was later promoted to Senior Financial Reporter, Editor, and eventually to Managing Editor. During his time at HousingWire, Ben helped elevate HousingWire to national acclaim and record traffic growth. He was also honored with multiple awards for his work, including an Eddie Award from Folio Magazine and a Gold Award for Best Trade Magazine Story from the National Association of Real Estate Editors.
With record-low inventory and high prices, more people are realizing it's a good time to sell.
Despite rising home prices, more people believe they can afford a home, likely due to record-low interest rates.
Given last year’s changing attitudes, it’s no surprise homeownership reached a 12-year high in Q3 2020.
In December, housing inventory hit a new low, and it worsened in January.
Home prices surged to a record pace in November, delighting homeowners but frustrating buyers.
Forget last month's slowdown in home sales—both existing and new home sales rose in December.
Home prices surged in 2020, making it highly profitable for those who sold their homes that year.
As home prices rise rapidly, buyers find their money doesn't stretch as far, but moving to a new city might offer a solution.
With homes for sale at an all-time low in December, an influx of new listings is needed—and it seems to be on the way.
The Federal Housing Administration is now backing mortgages for Deferred Action for Childhood Arrivals (DACA) recipients, or Dreamers.