14,109 Houses Are Sold Every Day - What About Yours?

14,109 Houses Are Sold Every Day - What About Yours?14,109 houses were sold today. And yesterday. And will be each business day next week (Happy Labor Day, by the way!) 

14,109 houses, on average, sell in America every single day, according to the National Association of Realtors' (NAR) latest report on Existing Home Sales.

If this seems like a big number to you, we can assure you that it is. Sales are at the highest pace yet in 2014 and home sales have continued to rise for four consecutive months.

However, if you're one of the homeowners who has been waiting months for your home to sell, this may be a number that is hard to understand. If sales are high, why hasn't your home sold at the price you want?

My good home in an active market isn't selling: why?

We agree with the KCM blog on this one. If you're a home seller in an active market like this one and you haven't gotten any bites for months on your listed property, it almost always has to do with your asking price. Desiring a "fair market value" is understandable. If your property isn't seeing any action, however, it may be time to reconsider your asking price.

You'll want to work closely with a real estate professional to devise a strategy that will help you take advantage of this active market before it is too late.

If you're looking for help on your home sale or value a second opinion on your current situation, we would love to hear from you! Don't hesitate to send us an email or give us a call with any questions you may have.

Real Group Real Estate

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Chicago, IL 60614

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