Majority of Sellers Believe It’s a Seller’s Market

According to recent research from Redfin, 58% of sellers believe it is a seller’s market. As well, the research determined top reasons for selling are a desire for a nicer or larger home (40%), relocating to a new city (24%), and wanting to pull out equity (21%).

Meanwhile the top concerns about selling are finding a new home they want (30%), falling prices (26%), and finding a new home they can afford (25%). For additional insights check out the graphic below.