[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f15ngmxcu2m95u":3,"$ffeh0925h8cuz":39,"$f2emv3tus0uf1":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},3720,"home-sales-about-to-surge-we-may-see-a-winter-like-never-before","Home Sales About To Surge? We May See a Winter Like Never Before.","Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F11\u002F17135142\u002F20211118-KCM-Share.jpg","Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year.\u003C!--more-->\r\n\r\nReal estate is very similar. The number of homes sold in the spring is almost always much greater than at any other time of the year. It’s even labeled as the \u003Cem>spring buying season\u003C\u002Fem>. Historically, the number of buyers and listings for sale significantly increase in the spring and remains strong throughout the summer. Once fall sets in, the number of buyers and sellers typically drops off.\r\n\r\nLast year, however, that seasonality didn’t happen. The outbreak of the virus and subsequent slowing of the economy limited sales during the spring market. These sales were pushed back later in the year, and last fall and winter saw a dramatic increase in home sales over previous years. The only thing that held the market back was the extremely limited supply of homes for sale.\r\n\u003Ch4>\u003Cstrong>What About This Winter?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nSome experts thought we’d return to the industry’s normal seasonality this winter with both the number of purchasers and houses available for sale falling off. However, data now shows that neither of those situations will likely occur. Buyer demand is still extremely strong, and it appears we may soon see a somewhat uncharacteristic increase in the number of homes coming to the market.\r\n\u003Ch5>\u003Cstrong>Buyer Demand Remains Strong\u003C\u002Fstrong>\u003C\u002Fh5>\r\nThe latest \u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.showingtime.com\u002Fshowingtime-showing-index\u002F\">Showing Index\u003C\u002Fa>\u003C\u002Fem> from \u003Cem>ShowingTime\u003C\u002Fem>, which tracks the average number of monthly showings on available homes, indicates buyer activity was slightly lower than at the same time last year but much higher than any of the three previous years (\u003Cem>see chart below\u003C\u002Fem>):\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F11\u002F17135143\u002F20211118-MEM-Eng-1.png\">\u003Cimg class=\"aligncenter wp-image-45526\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F11\u002F17135143\u002F20211118-MEM-Eng-1.png\" alt=\"Home Sales About To Surge? We May See a Winter Like Never Before. | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>A \u003Ca href=\"https:\u002F\u002Fnews.move.com\u002F2021-11-10-Realtor-com-R-October-Housing-Report-Homes-Sell-at-Breakneck-Speed-for-the-Eighth-Month-in-a-Row\">report\u003C\u002Fa> from \u003Cem>realtor.com\u003C\u002Fem> confirms buying activity remains strong in the existing home sales market:\r\n\u003Cblockquote>\u003Cem>“New housing data shows 2021's feverish home sales pace broke a yearly record in October, . . . with last month marking the \u003Cstrong>eighth straight month of buyers snatching up homes more quickly than the fastest pace in previous years\u003C\u002Fstrong>. . . .”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nBuyer activity for newly constructed homes is also very strong. Ali Wolf, Chief Economist for \u003Cem>Zonda\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Ftwitter.com\u002FAliWolfEcon\u002Fstatus\u002F1458180004366356488\">recently reported\u003C\u002Fa> that Stuart Miller, the Executive Chairman of \u003Cem>Lennar\u003C\u002Fem>, one of the nation’s largest home builders, said this about demand:\r\n\u003Cblockquote>\u003Cem>“There is still a \u003Cstrong>great deal of demand \u003C\u002Fstrong>at our sales centers with people lining up and not enough supply.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThe only question heading into this winter is whether the number of listings available could come close to meeting this buyer demand. We may have just received the answer to that question.\r\n\u003Ch5>\u003Cstrong>Sellers Are About To List – Right Now\u003C\u002Fstrong>\u003C\u002Fh5>\r\nInstead of waiting for the normal spring buying market, new research indicates that homeowners thinking about selling are about to put their homes on the market this winter.\r\n\r\nSpeaking to the release of a report on this \u003Ca href=\"https:\u002F\u002Fnews.move.com\u002F2021-11-11-Low-Temps,-High-Expectations-Realtor-com-R-Survey-Shows-65-of-Prospective-Sellers-Plan-to-Enter-the-Market-this-Winter\">recent research\u003C\u002Fa>, George Ratiu, Manager of Economic Research for \u003Cem>realtor.com\u003C\u002Fem>, said:\r\n\u003Cblockquote>\u003Cem>“The pandemic has delayed plans for many Americans, and homeowners looking to move on to the next stage of life are no exception. \u003Cstrong>Recent survey data suggests the majority of prospective sellers are actively preparing to enter the market this winter.\u003C\u002Fstrong>”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nHere are some highlights in the report:\r\n\r\nOf homeowners planning to enter the market in the next year:\r\n\u003Cul>\r\n \t\u003Cli>65% - Have just listed (19%) or plan to list this winter\u003C\u002Fli>\r\n \t\u003Cli>93% - Have already taken steps toward listing their home, including working with an agent (28%)\u003C\u002Fli>\r\n \t\u003Cli>36% - Have researched the value of their home and others in their neighborhood\u003C\u002Fli>\r\n \t\u003Cli>36% - Have started making repairs or decluttering\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nThe report also discusses the reasons sellers want to move:\r\n\u003Cul>\r\n \t\u003Cli>33% - Have realized they want different home features\u003C\u002Fli>\r\n \t\u003Cli>37% - Say their home no longer meets their family's needs\u003C\u002Fli>\r\n \t\u003Cli>32% - Want to move closer to friends and family\u003C\u002Fli>\r\n \t\u003Cli>23% - Are looking for a home office\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nData shows buyer demand remains unusually strong going into this winter. Research indicates the supply of inventory is about to increase. This could be a winter real estate market like never before.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’re thinking of buying or selling, now is the time to have a heart-to-heart conversation with a real estate professional in your market, as things are about to change in an unexpected way.","\r\nIf you’re thinking of buying or selling, now is the time to have a heart-to-heart conversation with a real estate professional in your market, as things are about to change in an unexpected way.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F11\u002F17135143\u002F20211118-MEM-Eng-1.png",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers","2021-11-18T11:00:49Z","2022-11-16T16:53:53Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},3719,"retirement-may-be-changing-what-you-need-in-a-home","Retirement May Be Changing What You Need in a Home","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F11\u002F16112638\u002F20211117-KCM-Share.jpg","2021-11-17T11:00:37Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},3727,"your-journey-to-homeownership-infographic","Your Journey to Homeownership [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F11\u002F18120442\u002F20211119-KCM-Share.png","2021-11-19T11:00:23Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":44,"open":45,"shareSpread":46},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[48,52,53,54,58,62,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154,158],{"id":49,"name":50,"slug":51},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":55,"name":56,"slug":57},7,"Foreclosures","foreclosures",{"id":59,"name":60,"slug":61},8,"Infographics","infographics",{"id":63,"name":64,"slug":65},9,"Home Prices","home-prices",{"id":67,"name":68,"slug":69},11,"First-Time Buyers","first-time-buyers",{"id":71,"name":72,"slug":73},34,"Senior Market","senior-market",{"id":75,"name":76,"slug":77},35,"Mortgage Rates","mortgage-rates",{"id":79,"name":80,"slug":81},38,"Move-Up","move-up",{"id":83,"name":84,"slug":85},41,"For Sale by Owner","for-sale-by-owner",{"id":87,"name":88,"slug":89},42,"Featured","featured",{"id":91,"name":92,"slug":93},45,"New Construction","new-construction",{"id":95,"name":96,"slug":97},52,"Luxury \u002F Vacation","luxury--vacation",{"id":99,"name":100,"slug":101},53,"Rent vs. Buy","rent-vs-buy",{"id":103,"name":104,"slug":105},80,"Time-sensitive","time-sensitive",{"id":107,"name":108,"slug":109},81,"Outdated","outdated",{"id":111,"name":112,"slug":113},147,"Internal","internal",{"id":115,"name":116,"slug":117},148,"Do Not Autopost","do-not-autopost",{"id":119,"name":120,"slug":121},320,"Inventory","inventory",{"id":123,"name":124,"slug":125},321,"Agent Value","agent-value",{"id":127,"name":128,"slug":129},322,"Affordability","affordability",{"id":131,"name":132,"slug":133},323,"Buying Tips","buying-tips",{"id":135,"name":136,"slug":137},324,"Downsize","downsize",{"id":139,"name":140,"slug":141},325,"Economy","economy",{"id":143,"name":144,"slug":145},326,"Equity","equity",{"id":147,"name":148,"slug":149},327,"Forecasts","forecasts",{"id":151,"name":152,"slug":153},328,"Selling Tips","selling-tips",{"id":155,"name":156,"slug":157},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":159,"name":160,"slug":161},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]