{"id":283,"date":"2018-08-14T00:41:13","date_gmt":"2018-08-14T00:41:13","guid":{"rendered":"http:\/\/renwre.info\/2018\/08\/14\/are-you-thinking-of-selling-your-home-competition-is-coming\/"},"modified":"2018-08-14T00:41:13","modified_gmt":"2018-08-14T00:41:13","slug":"are-you-thinking-of-selling-your-home-competition-is-coming","status":"publish","type":"post","link":"http:\/\/renwre.info\/?p=283","title":{"rendered":"Are You Thinking of Selling Your Home? Competition Is Coming!"},"content":{"rendered":"
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\"Are<\/p>\n

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest\u00a0U.S. Census Bureau\u00a0<\/em>and\u00a0U.S. Department of Housing & Urban Development\u00a0Residential Sales Report<\/a>,<\/em> the number of building permits issued in June was 850,000, a 0.8% increase from May.<\/span><\/p>\n

How will this impact buyers?<\/strong><\/h4>\n

More inventory means more options.<\/em>\u00a0Mark Fleming, First American\u2019s Chief Economist, <\/em>explained<\/a>\u00a0that this is good news for the housing market \u2013 especially for those looking to buy:<\/p>\n

\n

\u201cThe continued year-over-year growth in completions means more homes on the market in the short-term, offering some immediate relief in alleviating housing supply shortages.\u201d<\/em><\/p>\n<\/blockquote>\n

How will this impact sellers?<\/strong><\/h4>\n

More inventory means more competition.<\/em>\u00a0Today, because of the tremendous lack of inventory, a seller can expect:<\/p>\n

    \n
  1. A great price on their home as buyers outbid each other for it.<\/li>\n
  2. A quick sale as buyers have such little inventory to choose from.<\/li>\n
  3. Fewer hassles as buyers don\u2019t want to\u00a0\u201crock the boat\u201d\u00a0on the deal.<\/li>\n<\/ol>\n

    Bottom Line<\/strong><\/h3>\n

    If you are considering selling your house, you\u2019ll want to beat this new competition to market to ensure that you get the most attention on your listing and the best price for your house.<\/p>\n<\/div>\n

    Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

    The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest\u00a0U.S. Census Bureau\u00a0and\u00a0U.S. Department of Housing & Urban Development\u00a0Residential Sales Report, Continue reading Are You Thinking of Selling Your Home? Competition Is Coming!<\/span>→<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/283"}],"collection":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=283"}],"version-history":[{"count":0,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/283\/revisions"}],"wp:attachment":[{"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=283"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}