Ten percent of homeowners say they plan to list their home for sale this year, and more than a quarter—26%—say they plan to list within the next three years, according to a new survey from realtor.com.
“In a typical year, we see about 8% of the nation’s homes hit the market, and we're expecting about 25% more this year,” says George Ratiu, senior economist at realtor.com®.
“This signals that many homeowners who were wary to list during the pandemic are getting ready to do so, and this much-needed inventory—especially for starter homes—will begin to relieve buyers’ challenges in a very competitive market.”
Do you think home prices will go down because of this?
