Currently Reading

Home Sellers in Some Markets May Have Missed the Boat


Home Sellers in Some Markets May Have Missed the Boat

December 31, 2019
New Home Real Estate
By WavebreakmediaMicro - Adobe Stock

It’s a New Year, new market. HomeLight, a residential sales software and services firm, surveyed hundreds of real estate agents about their forecasts for the 2020 housing market and found that agents feel the market is shifting. Of those polled, less than half indicated it will be a sellers’ market, the first time that has happened in years. Only 15 percent expect a buyers’ market, and 44 percent say it the market conditions will be balanced—now that’s a word we have not heard in quite awhile. 

Home sellers in some neighborhoods may have missed their chance to dictate the market.

The number of real estate agents around the country who say they are in a sellers' market slid below 50% for the first time in years, according to a fourth quarter survey by HomeLight.

The residential sales software and services firm polled hundreds of agents across the U.S. for its latest report.

"It's still a seller's market across much of the country, but agents report a noticeable shift toward more balanced conditions," HomeLight reports in the new study. "Predictions for 2020 suggest that the market will continue to soften as the calendar year turns.

"Nearly 44% of agents anticipate balanced conditions for their local market in 2020 while 15% say they'll see a buyer's market."

Read More



Related Stories


Existing Home Sales Switch Course After Months of Decline

Home sales increased 1.4% from May to June, changing its course after four consecutive months of declines. According to data from the National…


5 Ways to Appeal to Military Homebuyers

Home builders can show their support for military families by following these simple but important steps

Housing Markets

Buyers, Renters Look to Sister Cities for More Affordable Housing

Increased freedom from the office has pushed many homebuyers and renters to seek more affordable areas, but they’re not going too far away. An…


More in Category

Never before have home builders had to navigate a market where houses are pre-selling fast while the cost of so many resources is rising and so many supplies are constrained at the same time


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.