{"id":7458,"date":"2015-01-29T18:06:35","date_gmt":"2015-01-29T18:06:35","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=7458"},"modified":"2015-01-29T18:06:35","modified_gmt":"2015-01-29T18:06:35","slug":"2015-breakout-year-sellers","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/2015-breakout-year-sellers\/","title":{"rendered":"2015: The Breakout Year for Sellers?"},"content":{"rendered":"

2015: The Breakout Year for Sellers?<\/h1>\n

 <\/p>\n

\"2015:<\/a>

2015: The Breakout Year for Sellers? Image courtesy of noppasinw \/ FreeDigitalPhotos.net<\/p><\/div>\n

Home owners are living in their homes longer. Typically, home owners stay in their homes six or seven years before making a move. But in 2014, that number grew to a 10-year average, according to research by the National Association of REALTORS\u00ae.<\/p>\n

NAR researchers are predicting that \u201cpent-up sellers\u201d will likely be unleashed in 2015, after regaining equity and feeling more confident from the economic recovery.<\/p>\n

Many home owners have been staying put longer due to the after-effects of the housing crisis, which placed a large number of home owners in underwater status, owing more on their mortgage than their home is currently worth, researchers note. Many home owners may have been waiting to move until home values edged higher.<\/p>\n

But for many home owners, that has finally happened: Home values are up 25 percent over the past three years, on average, according to NAR. (Read: The \u2018Equity Rich\u2019 Home Owner Is Back)<\/p>\n

The \u201clock-in\u201d effect with interest rates has also been keeping some home owners in place too. Mortgage rates have been near historical lows, and for home owners who snagged a low rate their monthly payments may have been reduced drastically. They may be unwilling to part with the low rate.<\/p>\n

That said, mortgage rates continue to remain low in recent weeks, which could finally help motivate home owners to part with their former low rates. The 30-year fixed-rate mortgage remains below a 4 percent average (averaging 3.36 percent last week), and the 15-year fixed-rate mortgage below 3 percent (averaging 2.93 percent last week), according to Freddie Mac.<\/p>\n

Source: \u201cPent-Up Sellers?\u201d National Association of REALTORS\u00ae Economists\u2019 Outlook Blog (Jan. 28, 2015)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

2015: The Breakout Year for Sellers?   Home owners are living in their homes longer. Typically, home owners stay in their homes six or seven years before making a move. But in 2014, that number grew to a 10-year average, according to research by the National Association of REALTORS\u00ae. NAR researchers are predicting that \u201cpent-up … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-7458","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\n2015: The Breakout Year for Sellers? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/2015-breakout-year-sellers\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"2015: The Breakout Year for Sellers?\",\"datePublished\":\"2015-01-29T18:06:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/\"},\"wordCount\":293,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/01\\\/ID-100301536.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/\",\"name\":\"2015: The Breakout Year for Sellers? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/01\\\/ID-100301536.jpg\",\"datePublished\":\"2015-01-29T18:06:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/2015-breakout-year-sellers\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/01\\\/ID-100301536.jpg\",\"contentUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/01\\\/ID-100301536.jpg\",\"width\":376,\"height\":400,\"caption\":\"2015: The Breakout Year for Sellers? 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