{"id":5094,"date":"2023-08-30T05:30:00","date_gmt":"2023-08-30T10:30:00","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/buyer-traffic-is-still-stronger-than-the-norm\/"},"modified":"2023-08-30T05:30:00","modified_gmt":"2023-08-30T10:30:00","slug":"buyer-traffic-is-still-stronger-than-the-norm","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/buyer-traffic-is-still-stronger-than-the-norm\/","title":{"rendered":"Buyer Traffic Is Still Stronger than the Norm"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/content\/images\/20230824\/20230830-Buyer-Traffic-is-still-stronger-than-the-norm.png?w=358&#038;ssl=1\" alt=\"Buyer Traffic Is Still Stronger than the Norm Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear: both;max-width: 100%\" \/><\/p>\n<p>Are you putting off <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/10\/about-11000-houses-will-sell-today\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\">selling your house<\/a> because you\u2019re worried no one\u2019s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they\u2019re <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/07\/28\/key-housing-market-trends-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\">purchasing homes<\/a> today. Here\u2019s the data to prove it.<\/p>\n<p>The <a href=\"https:\/\/www.showingtime.com\/blog\/june-2023-showing-index-results\/\" rel=\"noopener noreferrer\" target=\"_blank\"><em>ShowingTime Showing Index<\/em><\/a> is a measure of buyers touring homes. The graph below uses the latest numbers available and compares them to the same month in the last normal years to show just how active today\u2019s buyers still are:<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.simplifyingthemarket.com\/content\/images\/20230824\/20230830-Buyer-traffic-stronger-than-normal-years.png?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/content\/images\/20230824\/20230830-Buyer-traffic-stronger-than-normal-years.png?ssl=1\"><\/a>As you can see, when June 2023 numbers are stacked alongside what\u2019s typical for the housing market at this time of year, it&#8217;s clear buyers are still active. And, they\u2019re actually a lot more active than the norm.<\/p>\n<p>If you\u2019re wondering how this could possibly be true, it\u2019s because buyers are getting used to higher mortgage rates and accepting them as the new reality. As Danielle Hale, Chief Economist, <em>Realtor.com<\/em>, <a href=\"https:\/\/www.prnewswire.com\/news-releases\/realtorcom-july-housing-report-number-of-homes-for-sale-drops-below-year-ago-levels-301892480.html\" rel=\"noopener noreferrer\" target=\"_blank\">explains<\/a>:<\/p>\n<blockquote><p>\u201cInterest rate hikes continue to further cut into buyers&#8217; purchasing power, although they appear to have adapted to the higher mortgage rate environment . . .\u201d<\/p><\/blockquote>\n<p><strong>It\u2019s simple. Buyers will always need <\/strong><a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/06\/02\/reasons-to-own-your-home-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>to buy<\/strong><\/a><strong>, and those who can afford to move at today\u2019s rates are going to do so.<\/strong><\/p>\n<h4><strong>The Key Takeaway for You<\/strong><\/h4>\n<p>While it\u2019s true things have slowed down from the frenzy of the last couple of years, it doesn\u2019t mean today\u2019s market is at a standstill. The reality is: buyer traffic is still strong today. Even with today\u2019s mortgage rates, plenty of buyers are still making their moves. So why delay <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/01\/sellers-dont-let-these-two-things-hold-you-back\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\">your own move<\/a> when there\u2019s clearly <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/08\/08\/theres-only-half-the-inventory-of-a-normal-housing-market-today\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\">a market<\/a> for your house?<\/p>\n<h3>Bottom Line<\/h3>\n<p><span style=\"color: black\">Don\u2019t put off your plans because you\u2019re worried no one will buy your home. The opposite is true, and more buyers are more active than the norm. Connect with a real estate agent to get your house ready to sell, so it makes the best first impression possible on those eager buyers.<\/span><\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you putting off selling your house because you\u2019re worried no one\u2019s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they\u2019re purchasing homes today. Here\u2019s the data to prove it. The ShowingTime Showing Index is a measure of buyers touring [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5095,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-5094","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buyer Traffic Is Still Stronger than the Norm&#8212;NWI Loan Guy Blog<\/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:\/\/nwiloanguy.com\/blog\/buyer-traffic-is-still-stronger-than-the-norm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buyer Traffic Is Still Stronger than the Norm&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Are you putting off selling your house because you\u2019re worried no one\u2019s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they\u2019re purchasing homes today. Here\u2019s the data to prove it. The ShowingTime Showing Index is a measure of buyers touring [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nwiloanguy.com\/blog\/buyer-traffic-is-still-stronger-than-the-norm\/\" \/>\n<meta property=\"og:site_name\" content=\"NWI Loan Guy Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-30T10:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/files.keepingcurrentmatters.com\/content\/images\/20230824\/20230830-Buyer-Traffic-is-still-stronger-than-the-norm.png\" \/>\n<meta name=\"author\" content=\"Scott\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" 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