[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2s5bmujzz4vrb":3,"$f2emv3tus0uf1":35,"$fbwk2pqjjqsc7":39},{"item":4,"previous":23,"next":29},{"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":21,"updatedAt":22},15094,"were-in-a-sellers-market-what-does-that-mean","We’re in a Sellers’ Market. What Does That Mean?","\u003Cp>\u003Cspan style=\"color: rgb(0, 0, 0);\">Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. \u003C\u002Fspan>\u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230329\u002F20230330-we-are-in-a-sellers-market-what-does-that-mean-KCM.jpg","\u003Cp>Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions \u003Ca href=\"\u002F2023\u002F03\u002F08\u002F2-things-sellers-need-to-know-this-spring\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">today\u003C\u002Fa> so good if you want to list your house?\u003C\u002Fp>\u003Cp>It starts with the \u003Ca href=\"\u002F2023\u002F02\u002F17\u002Fthe-spring-housing-market-could-be-a-sweet-spot-for-sellers-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">number of homes\u003C\u002Fa> available for sale. The latest \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fresearch-and-statistics\u002Fhousing-statistics\u002Fexisting-home-sales\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cem>Existing Home Sales Report\u003C\u002Fem>\u003C\u002Fa>\u003Cem> \u003C\u002Fem>from the\u003Cem> National Association of Realtors \u003C\u002Fem>(NAR) shows housing supply is still astonishingly low. \u003Cstrong>Today, we have a 2.6-month supply\u003C\u002Fstrong> of homes at the current sales pace. Historically, a \u003Cstrong>6-month supply is necessary for a ‘normal’ or ‘neutral’ market\u003C\u002Fstrong> in which there are enough homes available for active buyers \u003Cem>(see graph below)\u003C\u002Fem>:\u003C\u002Fp>\u003Cp>\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230329\u002F20230329-months-inventory-of-homes-for-sale-MEM.png\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cimg src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230329\u002F20230329-months-inventory-of-homes-for-sale-MEM.png\">\u003C\u002Fa>\u003C\u002Fp>\u003Ch4>\u003Cstrong>What Does This Mean for You?\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>\u003Cspan style=\"color: black;\">When the supply of homes for sale is as low as it is right now, it’s much harder for buyers to find one to purchase. That creates increased competition among purchasers and keeps upward pressure on prices. And if buyers know they’re not the only one interested in a home, they’re going to do their best to submit a very attractive offer. As this happens, \u003C\u002Fspan>\u003Ca href=\"\u002F2023\u002F03\u002F13\u002Fleverage-your-equity-when-you-sell-your-house\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">sellers \u003C\u002Fa>are positioned to negotiate deals that meet their ideal terms. Lawrence Yun, Chief Economist at NAR, \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fexisting-home-sales-surged-14-5-in-february-ending-12-month-streak-of-declines\" rel=\"noopener noreferrer\" target=\"_blank\">says\u003C\u002Fa>:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“Inventory levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003Cp>\u003Cspan style=\"color: black;\">Right now, there are still \u003C\u002Fspan>\u003Ca href=\"\u002F2023\u002F03\u002F16\u002Fwhat-buyer-activity-tells-us-about-the-housing-market\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">buyers\u003C\u002Fa> who are ready, willing, and able to purchase a home. If you list your house right now in good condition and at the \u003Ca href=\"\u002F2023\u002F03\u002F29\u002F4-key-tips-for-selling-your-house-this-spring\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">right price\u003C\u002Fa>, it could get a lot of attention from competitive buyers.\u003C\u002Fp>","\u003Cp>\u003Cspan style=\"color: black;\">Today’s sellers’ market holds great opportunities for homeowners ready to \u003C\u002Fspan>\u003Ca href=\"\u002F2023\u002F03\u002F27\u002Fget-ready-the-best-time-to-list-your-house-is-almost-here\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">make a move\u003C\u002Fa>\u003Cspan style=\"color: black;\">. Listing your house now will maximize your exposure to serious, competitive buyers. Let’s connect to discuss how to jumpstart the selling process.\u003C\u002Fspan>\u003C\u002Fp>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230329\u002F20230329-months-inventory-of-homes-for-sale-MEM.png",false,[17],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers","2023-03-30T10:30:00Z","2023-03-30T10:30:48Z",{"id":24,"slug":25,"title":26,"featuredImage":27,"publishedAt":28,"contentType":10,"isVideo":15},15093,"4-key-tips-for-selling-your-house-this-spring","4 Key Tips for Selling Your House This Spring","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230328\u002F20230329-4-tips-for-selling-your-house-this-spring-KCM.jpg","2023-03-29T10:30:00Z",{"id":30,"slug":31,"title":32,"featuredImage":33,"publishedAt":34,"contentType":10,"isVideo":15},15101,"facts-about-closing-costs-infographic","Facts About Closing Costs [INFOGRAPHIC]","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230330\u002FFacts-About-Closing-Costs-KCM-Share.png","2023-03-31T10:30:00Z",{"cover":36,"open":37,"shareSpread":38},"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",[40,44,48,49,53,57,61,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153],{"id":41,"name":42,"slug":43},1,"Uncategorized","uncategorized",{"id":45,"name":46,"slug":47},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":50,"name":51,"slug":52},7,"Foreclosures","foreclosures",{"id":54,"name":55,"slug":56},8,"Infographics","infographics",{"id":58,"name":59,"slug":60},9,"Home Prices","home-prices",{"id":62,"name":63,"slug":64},11,"First-Time Buyers","first-time-buyers",{"id":66,"name":67,"slug":68},34,"Senior Market","senior-market",{"id":70,"name":71,"slug":72},35,"Mortgage Rates","mortgage-rates",{"id":74,"name":75,"slug":76},38,"Move-Up","move-up",{"id":78,"name":79,"slug":80},41,"For Sale by Owner","for-sale-by-owner",{"id":82,"name":83,"slug":84},42,"Featured","featured",{"id":86,"name":87,"slug":88},45,"New Construction","new-construction",{"id":90,"name":91,"slug":92},52,"Luxury \u002F Vacation","luxury--vacation",{"id":94,"name":95,"slug":96},53,"Rent vs. Buy","rent-vs-buy",{"id":98,"name":99,"slug":100},80,"Time-sensitive","time-sensitive",{"id":102,"name":103,"slug":104},81,"Outdated","outdated",{"id":106,"name":107,"slug":108},147,"Internal","internal",{"id":110,"name":111,"slug":112},148,"Do Not Autopost","do-not-autopost",{"id":114,"name":115,"slug":116},320,"Inventory","inventory",{"id":118,"name":119,"slug":120},321,"Agent Value","agent-value",{"id":122,"name":123,"slug":124},322,"Affordability","affordability",{"id":126,"name":127,"slug":128},323,"Buying Tips","buying-tips",{"id":130,"name":131,"slug":132},324,"Downsize","downsize",{"id":134,"name":135,"slug":136},325,"Economy","economy",{"id":138,"name":139,"slug":140},326,"Equity","equity",{"id":142,"name":143,"slug":144},327,"Forecasts","forecasts",{"id":146,"name":147,"slug":148},328,"Selling Tips","selling-tips",{"id":150,"name":151,"slug":152},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":154,"name":155,"slug":156},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]