Kayee.Realtor

Will My House Still Sell in Today’s Market? 🧐

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. 🥳

Buyer Demand Then and Now
During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below): 😬

The orange bars in the graph above represent the last few months of data and the clear cooldown in the volume of home showings the market has seen since mortgage rates started to rise. But context is important. To get the full picture of where today’s demand stands, let’s look at the July data for the past six years (see graph below):🤩

This second visual makes it clear that, while moderating compared to the frenzy in 2020 and 2021, showing activity is still beating pre-pandemic levels – and those pre-pandemic years were great years for the housing market. That goes to show there’s still demand if you sell your house today. 😏

What That Means for You When You Sell ☺️

The key to selling in a changing market is understanding where the housing market is now. It’s not the same market we had last year or even earlier this year, but that doesn’t mean the opportunity to sell has passed. 🤪

While things have cooled a bit, it’s still a sellers’ market. If you work with a trusted local expert to price your house at the current market value, the demand is still there, and it should sell quickly. According to a recent survey from realtor.com, 92% of homeowners who sold in August reported being satisfied with the outcome of their sale.

Bottom Line 🥰
Buyer demand hasn’t disappeared, it’s just moderated this year. If you’re ready to sell your house today, lean on a trusted real estate professional to understand how the market has shifted and how to plan accordingly for your sale

我的房子在今天的市場上還能賣嗎？ 🧐

如果最近有關房地產市場降溫和買家需求放緩的頭條新聞讓您擔心自己錯過了出售的機會，那麼您需要了解以下內容。買家需求並沒有消失，只是從過去兩年的高峰強度有所緩解。 🥳

過去和現在的買家需求
在大流行期間，抵押貸款利率創下歷史新低，這刺激了買家需求的大幅增長。今年，由於通脹上升等因素導致利率上升，買家需求因此回落或疲軟。 ShowingTime 的最新數據證實了這一趨勢（見下圖）：😬

上圖中的橙色條代表過去幾個月的數據，以及自抵押貸款利率開始上升以來市場上房屋展示量的明顯降溫。但背景很重要。為了全面了解今天的需求情況，讓我們看看過去六年的 7 月份數據（見下圖）：🤩

第二幅圖清楚地表明，雖然與 2020 年和 2021 年的狂熱相比有所緩和，但顯示活動仍在超過大流行前的水平——而大流行前的那些年是房地產市場的好年頭。這表明如果你今天賣掉你的房子，仍然有需求。 😏

當您出售時，這對您意味著什麼☺️

在不斷變化的市場中銷售的關鍵是了解房地產市場現在的位置。這與我們去年甚至今年早些時候的市場不同，但這並不意味著出售的機會已經過去。 🤪

雖然情況有所降溫，但它仍然是賣方市場。如果您與值得信賴的當地專家合作，以當前市場價值為您的房子定價，那麼需求仍然存在，並且應該會很快售出。根據 realtor.com 最近的一項調查，8 月份出售的房主中有 92% 表示對出售結果感到滿意。

底線🥰
買家需求並沒有消失，今年只是有所緩和。如果您今天準備出售您的房子，請依靠值得信賴的房地產專業人士來了解市場如何變化以及如何相應地規劃您的銷售


.mortgage

As the green bars show, home prices appreciated between 19-20% year-over-year from January to March. But over the last few months, the pace of that appreciation has decelerated to 18% !! 🤑

This means price growth is still climbing compared to last year but at a slower rate. 🤓

“Annual home price growth dropped by nearly 2% points . . . – the greatest single-month slowdown on record since at least the early 1970s. . . While June’s slowdown was record-breaking, home price growth would need to decelerate at this pace for six more months to drive annual appreciation back to 5%, 🤗 a rate more in line with long-run averages.” -- Monthly Mortgage Monitor from Black Knight explains.

Basically, this means, while moderating, home prices are still far above the norm, and we’d have to see a lot more deceleration to even fall in line with more typical rates of home price growth. That’s still not home price depreciation. 😮

The big takeaway is home prices haven’t fallen or depreciated nationwide, they’re just decelerating or moderating. While some unique and overheated markets may see declines, nationally, home prices are forecast to appreciate. And when we look at the country as a whole, none of the experts project home prices will net depreciate or fall. They’re all projecting ongoing appreciation.

- Appreciation is when home prices increase. ☝️
- Depreciation is when home prices decrease. 👇
- Deceleration is when home prices continue to appreciate, but at a slower or more moderate pace. 👍

正如綠條所示，從 1 月到 3 月，房價同比上漲 19-20%。但在過去幾個月中，升值速度已放緩至 18%。 🤑 這意味著價格增長與去年相比仍在攀升，但速度較慢。 🤓

“房價年增長率下降了近 2 個百分點。 . . – 至少自 1970 年代初以來有記錄以來最大的單月放緩。 . .雖然 6 月份的放緩是創紀錄的，但房價增長需要以這種速度減速六個月，才能將年升值率推回 5%，🤗 這個速度更符合長期平均水平。” -- Black Knight 的每月抵押貸款監視器解釋說。

基本上，這意味著，在放緩的同時，房價仍遠高於正常水平，我們必須看到更多的減速才能與更典型的房價增長率保持一致。這仍然不是房價貶值。 😮

最大的收穫是全國房價並沒有下跌或貶值，它們只是在減速或放緩。雖然一些獨特和過熱的市場可能會出現下滑，但在全國范圍內，房價預計會升值。當我們把整個國家看成一個整體時，沒有一位專家預測房價會淨貶值或下跌。他們都在預測持續的升值。

- 升值是房價上漲的時候。 ☝️
- 折舊是指房價下跌。 👇
- 減速是指房價繼續升值，但速度較慢或更溫和。 👍

下圖使用來自 CoreLogic 的最新數據來幫助講述今年以來房價如何減速但沒有貶值的故事。