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Why are home sellers hesitating to buy up?

LIVE WELL - BUY RODWELL

Despite the reduction in corporate tax rates, Sellers are reluctant to add their properties into the inventory of available properties for sale. However they will consider formal proposals complete with detailed offering and financial where with all.

"According to the survey, the net share of respondents who said that now was a good time to buy a home fell 4 percentage points from June to 24 percent. Those who said it was a good time to sell, also declined 6 percentage points from June's survey high to 41 percent.

“Home purchase sentiment seems to have reached a plateau, with potential home sellers likely struggling to find a home to buy amid slow supply growth, expectations for rising mortgage rates, and significant home price increases,” said Doug Duncan, SVP and Chief Economist at Fannie Mae." Read more...

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Rodwell Smith

Ever since I can remember, I was always fascinated with my Dad’s and Grandfather’s proficiency very fervently. They could start with a bare piece of land and create a structure for a most appreciative owner to live a better life. RodwellBuildingServices is the career achievement I'm most proud of now. Especially since it started from full utilization of my know-how, every bit of skills and technical capabilities. My life has come full circle to my fathers' as I start with any under improved property and make it into your dream. My niche in the real estate industry is constructed-to-order real estate transactions are my life of services and daily adventures in and around the capital of the free world. RodwellBuildingServices™ benefits keenly customized property sellers, buyers, and users in Washington, DC and up to 50 miles around Maryland and Northern Virginia. We speak to our customers as a Property Improvement and Modernization Builder/Realtor expert. If we haven't provided you with “the real services and the right property for your order,” at any time up to 5 years - we will sell it back from you and help you with a more custom fit.

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