More Americans Say Now Is A Good Time To Sell! More Americans Say Now is a Good Time to Sell! 146 SHARES 12810215 Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year. Overall, 62% of Americans surveyed said that now is a good time to sell (up from 58%), while 26% of respondents said that now is not a good time to sell (down from 30%). The net score is the difference between the two percentages, or 36%. According to CoreLogic, home prices are now up 6.7% over last year and 78.8% of homeowners with a mortgage in the US now have significant equity (defined as 20% or more). As home prices have increased, more and more homeowners have realized that now is a good time to sell their homes in order to take advantage of the extra equity they now have. At the same time, however, rising prices have had the exact opposite impact on the good-time-to-buy scale as many buyers are nervous that they will not be able to afford a home; the net score dropped 5 points to 18%. Doug Duncan, Vice President & Chief Economist at Fannie Mae, had this to say, “In the early stages of the economic expansion, home selling sentiment trailed home buying sentiment by a significant margin. The reverse is true today. The net good time to sell share is now double the net good time to buy share, with record high percentages of consumers citing home prices as the primary reason for both perceptions. Such a sizable gap between selling and buying sentiment, if it persists, could weigh on the housing market through the rest of the year.” Buyer demand continues to outpace the supply of homes for sale, which has driven prices up across the country. Until the supply starts to better match demand, there will be a gap between the sentiments surrounding buying and selling. Bottom Line If you are considering listing your home for sale this year, now is the time! Members: Sign in now to set up your Personalized Posts & start sharing today! Not a Member Yet? Click Here to learn more about KCM’s newest feature, Personalized Posts. Have You Set Up Personalized Posts Yet? | Keeping Current Matters The KCM Crew We at The KCM Crew believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you! « Home Sales Expected to Increase Nicely in 2018 SEPTEMBER 20, 2017/0 COMMENTS/BY THE KCM CREW 0 REPLIES Leave a Reply Want to join the discussion? Feel free to contribute! Name * Email * Post
Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year. Overall, 62% of Americans surveyed
Hudson Valley Property Sales Expected To Increase Nicely In 2018
Freddie Mac, Fannie Mae, and The Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales for the remainder of this year and the next.
Looking For Your Dream Home in the Hudson Valley? Know What You Want Vs. What You Need
In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d
Welcome to Global Property Systems
GPS is a specialized, non-traditional brokerage which offers comprehensive real estate solutions from our global headquarters in the Hudson Valley of New York. Having recognized the important role that a technologically sophisticated global environment could play in the conduct of a service-based business in a rapidly evolving economy we can provide our clients and agents with real tools and resources leading to success.
More important, though, than what we do is how we work: GPS is a team-oriented environment that yields efficient, effective solutions to our clients’ most complex problems. No one agent can provide the many services you need to buy or sell a home. You need a team of experts at your fingertips all working towards the same goal.
We’re truly collaborative with you, and with each other
Our multi-lingual team possess wide-ranging capabilities and experience. Our local area residential, commercial and investment savvy Realtors© and real estate experts work closely with “client approved” attorney’s, building inspectors, lenders, and appraisers. Tried and tested service providers are readily on hand to help you with the buying or selling process, locally and globally.
We know how to work across locations, time zones and property classifications — to unpack complicated matters and find the most straightforward solutions for our clients. Additionally, because our teams are so well integrated, we can assemble a multidisciplinary team at a moment’s notice — to ensure our clients get targeted expertise and the peace of mind of a smooth transaction be it across town, intrastate or an international relocation.
A few miles north of New York City is a lush, verdant place which is a world away from city life. The east side of the river is home to historic mansions, White Plains' soaring high-rise towers, luxurious Long Island Sound homes, with upscale sporting clubs, white picket-fenced equestrian facilities, tennis centers and yacht clubs catering to its residents. West of the Hudson, rolling hills are speckled with charming river towns, villages and lake communities offering an entirely different vibe. From the Palisades to the south to the Catskill Mountains to the north, residents can find homes in a wide variety of settings, from rural market towns and gentrified villages to convenient suburban neighborhoods. GPS provides comprehensive area information and the tools to quickly find your perfect location and property.
New York City offers a wealth of options to buyers. From classic prewar co-ops on the Upper East Side to modern glass tower condos in Midtown, and from posh Downtown lofts to beautiful Brooklyn brownstones, the choices seem almost limitless and overwhelming.The GPS Manhattan Team is dedicated to will providing our clients a the information you'll need to identify emerging market opportunities, up and coming neighborhoods, and all the facets of home ownership in NYC combined with strong negotiating, and problem-solving skills that ensure you have the edge it takes to get the deal done.
Global Property Systems real estate is just that - a globally focused real estate firm which reaches the corners of the world to find and sell residential, commercial and undeveloped properties. As CIPS (Certified International Property Specialists) and members of FIABCI, (The Federation of International Real Estate Professionals,) our strong relationships throughout the global real estate community allow us to connect buyers and sellers wherever they are. We come equipped with the knowledge and skills necessary to reach across cultures and languages, enabling our clients with the most powerful real estate systems possible.