Homes Are Still Selling, Even in a Slower Market

If you’ve seen headlines saying home sales are slowing down, you may be wondering: is this really a good time to sell?

While the latest numbers show sales picked up slightly in September, they're still down compared to last year. But here’s the perspective the headlines can miss.

Homes are still selling every single day. Because no matter what’s happening with mortgage rates or the economy, life keeps happening too. People get new jobs. Families grow. Relationships change. People retire, downsize, or need to move closer to the people they love. 

And those life changes create buyers and sellers in every market.

Home Sales Are Slow. So Why Do 8 Homes Still Sell Every Minute?

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Headlines keep saying home sales are slow, so is selling right now even worth it? Short answer: yes, as long as the house is positioned right. Sales are down compared to last year but ticking up month over month, and at the current pace nearly 4 million homes are on track to sell this year. That's roughly 11,000 homes a day, about 450 an hour, and close to 8 every single minute. The reason is simple. Life doesn't wait for perfect market conditions. New jobs, growing families and retirements keep people moving no matter what the headlines say. Buyers are still out there, and a seller doesn't need all of them. Just the right one. The Kombrink Team helps homeowners across Geneva, St. Charles, Batavia and the Fox Valley price, prep and market their homes so that buyer actually shows up.

Transcript

Seeing headlines that home sales are still slow might make you wonder if selling right now is even worth it.

Here’s what I want to be sure you hear … slower doesn’t mean the market’s at a standstill. Yes, sales are down year-over-year. But they’re also up a bit month-over-month.

And at today’s pace, almost four million homes are expected to sell this year. Do the math and that works out to roughly eleven-thousand homes selling every day.

That’s four-hundred-and-fifty every hour. And nearly eight every minute. Because no matter what the market is doing, there’s one truth that’ll never change. Life keeps happening.

People get new jobs, families grow, or someone retires – and they still need to move.

So, yes buyers are still out there. And remember, you don’t need all of them. You just need the right one.

If you’re thinking about selling, reach out to The Kombrink Team and let’s make sure your house is positioned to get their attention.

Just Look at the Math

According to the National Association of Realtors (NAR), based on the current pace homeowners are expected to sell almost 4 million homes this year. Break that down, and that’s roughly:

• 11,000 homes every day.

• 450 homes every hour.

• 8 homes every minute.

So, yes, the market may be moving at a slower pace than it has at other points in time. But slower doesn't mean it’s stopped. As Hannah Jones, Senior Economic Research Analyst at Realtor.com, says:

“Even in today's high-price, high-rate market, homebuying activity around major life events, such as having kids, a job change, or a divorce, keeps the market in motion.”

Thousands of buyers are still making moves every day. The key is making sure your house is positioned to get their attention.

What That Means for Your Sale

Today’s buyers have more choices, so they can afford to be more selective about things like price and condition. That’s why pricing your home correctly from the start matters even more in a slower market.

Because you don't need every buyer to be looking for a home like yours. You just need the right one – and to know how to get in front of that buyer.

Bottom Line

Don't let a headline about slowing home sales convince you no one is buying. Homes are still selling every minute of every day.

If you need or want to move, start with a current home valuation, then let’s talk about what it’ll take to make sure yours is one of the homes that sells.

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