Home sellers don’t have it quite as good as they did a few years back. Buyers have regained some negotiating power, especially in areas where inventory has improved. But while home buyers are feeling more assured this spring – and less rushed – they should also know sellers are feeling confident too. In fact, according to a new survey from the National Association of Realtors’ consumer website, 83 percent of potential sellers expect to get their asking price or more. Similarly, 74 percent say now’s a good time to sell.
Laura Eddy, vice president of research and insights at the website, says sellers are confident, but not delusional. “Sellers this spring are entering the market clear-eyed – they understand their home has value, and they’re motivated to act, but they’re also more attuned to the reality that buyers have regained some footing,” Eddy said.
[Source: PR Newswire]
