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Date Archives: June 15th, 2022

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June
15

Berkshire Hathaway HomeServices Bay Street Realty Group is excited to announce the recent addition of Realtor® Amanda Thompson to their South Carolina sales team. 

It has always been a dream of Amanda's to live in a coastal town in the state in which she was born. Eager to trade in their big city and snow shovels for a small town with beaches, Amanda and her family moved from Indianapolis, Indiana to the beautiful city of Beaufort, South Carolina just over two years ago. 

With her masters degree in education, Amanda spent the first ten years of her career as an elementary school teacher. After a decade of teaching, Amanda's fervor for learning and desire to be challenged propelled her to look outside the classroom for her next career move. Having always been passionate about design, she spent the next several years working as an interior designer and helping her clients to design entire houses, simple one room refreshes, and everything in between. 

As a Realtor®, Amanda now uses her design background to help her clients see beyond the wallpaper when searching for their dream home. Her propensity for building long lasting, client relationships has served her well as she works to grow her real estate footprint throughout the lowcountry. With prior experience in helping her clients' visions become reality, Amanda is uniquely positioned to help buyers find their forever home. 

While Amanda's time in the classroom may be over, her passion for education has never faltered. Knowing from personal experience how important it is for teachers to have a voice, Amanda now serves as a board member at the Lowcountry Montessori School. In her free time, she enjoys volunteering for local committees and exploring the beauty of the lowcountry with her family. Bay Street Realty Group is excited to bring her tenacity, dedication and attention to detail to their award-winning team! 

June
15

A Majority of Consumers Say It's a Good Time To Sell Your House

A Majority of Consumers Say It's a Good Time To Sell Your House | MyKCM

If you're a homeowner thinking about selling your house, you're probably looking for the best time to make your move. That means you're likely balancing a number of factors, like your changing needs, where you'll go when you sell, and today's mortgage rates in order to time it just right.

According to recent data, that sweet spot could already be here. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae finds that 76% of consumers believe now is a good time to sell.

The graph below shows the percentage of survey respondents who say it's a good time to sell a house. The big dip in March and April of 2020 reflects how consumer sentiment dropped at the beginning of the pandemic as uncertainty about the health crisis grew. Since then, the percentage has grown consistently as more people feel confident it's a good time to sell.

In fact, survey respondents think it's an even better time to sell a house today than they did in 2019, which was a strong year for the housing market. The latest survey results indicate one of the strongest peaks in seller sentiment in nearly three years (see graph below):

A Majority of Consumers Say It's a Good Time To Sell Your House | MyKCM

What Makes Today a Good Time To Sell?

One reason so many people think it's a good time to sell is because there are still more buyers in today's market than there are homes for sale. That's driving home prices up, making it a good time to sell your house.

And if you're on the fence about whether or not to sell because you don't know where you'll go once you do, know that you might have more options today than in previous months. That's because the number of homes coming onto the market has grown each month since the start of the year. When more homes come onto the market, it gives you more opportunities to find one that meets your changing needs.

Bottom Line

While the number of homes available for sale is growing and giving you more options for your move, inventory is still low overall. That could mean it's a great time for you to sell. If you're ready to address your changing needs and take advantage of today's favorable conditions, let's connect.

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