Should I Sell My House Now?

Key takeaways: It’s a good time to sell your house if you price correctly and are open to negotiation. There are 51% more home sellers than buyers, tipping the scales firmly toward buyers. Mortgage rates continue to climb as renewed tensions in the Middle East push inflation and recession concerns higher. Selling now could help you avoid potential price swings if the economy moves toward recession or inflation. If you’re thinking about selling your home this summer, you’re not alone. But with today’s near-record housing costs keeping many people on the sidelines, it’s natural to wonder if now is the right time to take the leap. The typical monthly housing payment is nearly $2,600, and house prices have climbed far faster than wages since the pandemic. These costs have scared many buyers and prompted more sellers to stay put, leading to a slow housing market with more supply than demand. The war in Iran has added to the struggles, pushing up mortgage rates and inflation worries. Other economic pressures, including AI fears and tariffs, are impacting consumers as well. So, what does this all mean for home sellers? Let’s dive into the data to help you decide if you should sell your ho...