As you might know, buying a house is a considerable investment. And to make sure that investment is sound, it’s essential to be as informed as possible about the market.
That’s why we’ve collected some surprising stats about house selling – so that you can arm yourself with the knowledge you need to make the best decision for your family.
1. Homes that are staged sell 25% faster than those that are not staged.
You must know the benefits of staging if you’re in the market for a new home. Staging is the process of preparing a home for sale, which can make a huge difference in how quickly your home sells.
According to statistics, homes that are staged sell 25% faster than those that are not staged. This means that if you’re looking to sell your house quickly, staging is the way to go.
Remember that staging doesn’t have to be expensive – there are many simple things you can do yourself to make your home look its best. And if you’re not sure where to start, many professional stagers can help. So if you’re serious about selling your home, don’t forget to stage it!
2. The value of US homes has increased by 7.2% since 2018.
The value of US homes has increased by 7.2% since 2018. This is excellent news for homeowners, as their investment is growing at a healthy rate.
If you’re considering selling your home soon, now is a good time to do so. The market is strong, and you’ll likely get a reasonable price for your property.
However, keep in mind that the market can always change, so stay up-to-date on the latest trends. If you’re unsure where to start, talk to a real estate agent who can help you navigate the market.
In any case, it’s good to know that the value of US homes is on the rise. So if you’re thinking of selling, now is the time to do it!
3. In 2019, the US rent cost increased by 66%.
The US rent cost has been increasing steadily for years, and the trend shows no signs of stopping.
In 2019, the cost of rent increased by 66% compared to the previous year. This is a considerable increase, causing a lot of hardship for renters all over the country.
Many people struggle to afford their rent and are forced to live in cramped, uncomfortable conditions. The situation will only worsen in the future as the cost of rent continues to rise.
If you’re a renter, you must be aware of these trends. Keep an eye on your budget, and try to save as much as possible to afford to move if the need arises.
4. The largest percentage of home buyers in 2019 – 26% – are older millennials.
The largest percentage of home buyers in 2019 are older millennials. This is a trend that we’re likely to see continue in the future as more and more people enter their 30s.
Why are older millennials such as myself buying homes? There are many reasons, but one of the biggest is that we’re finally getting married and starting families. We want to provide our families with a safe and stable place to live, and we realize that homeownership is the best way to do that.
5. Buyers spend three days less in house hunting than they did a year ago.
House hunting is always daunting, but it’s even more challenging in today’s market.
Buyers spend three days less in house hunting than they did a year ago. This means that they’re rushing through the process and making decisions quickly. As a result, they often end up with homes not a good fit for them.
6. The median home price in the US is $267,300.
The median home price in the US is $267,300. This is a considerable amount of money and is out of reach for many people.
As the cost of rent continues to increase, more and more people are finding themselves unable to afford a place to live. The median home price will only go up in the future, so it’s becoming increasingly difficult for people to buy homes.
7. 50% of buyers find their new home online.
In today’s world, it’s no surprise that many people find their new homes online.
50% of buyers find their new home online. This means that they’re doing most of their research and shopping online. As a result, they often make decisions quickly and without much thought.
8. In 2018, there were 5,500 properties sold in San Francisco.
In 2018, there were 5,500 properties sold in San Francisco. Out of these, the majority were condos and co-ops – 2,362, to be precise. The average sale price was $1,505,000, a tremendous amount of money.
San Francisco is a costly city to live in, and the cost of housing is constantly increasing. If you’re considering moving to San Francisco, be prepared to spend a lot of money.
The good news is that the market is strong, and prices will only go up in the future.
9. 36% of new homeowners say their biggest regrets are unexpected maintenance and repairs.
This stat means that many people are not prepared for the expenses of owning a home. Maintenance and repair costs can be pretty expensive, and they often catch homeowners by surprise. If you’re planning to buy a home, it’s essential to be aware of these costs and plan how you’ll pay for them.
10. 50% of buyers find their new home online
As the cost of rent continues to increase, more and more people are finding themselves unable to afford a place to live. The median home price will only go up in the future, so it’s becoming increasingly difficult for people to buy homes.
Many people find their new homes online. 50% of buyers find their new home online. They’re doing research and shopping online. They often make decisions quickly and without thought.
Provided by USA Home Listings, help companies with moving leads
Conclusion
So what does all this mean for you as a homeowner looking to sell? If you want to get the most money for your house in the shortest time, it’s essential to understand and embrace these trends. That’s where we come in – SnapCashOffers is committed to helping homeowners get top dollar for their homes. Give us a call today, and let us show you how our services can help streamline the selling process for you.
