Rising home prices, homebuyer demand and less competition is making 2015 a great year to sell for many U.S. homeowners across the country.
There are three major factors behind the favorable climate for sellers :
1. Stronger demand coming from buyers : Sellers in many markets see strong demand from a larger pool of buyers, including first-timers boomerang buyers (previous owners who lost their homes to foreclosure), as well as traditional owner-occupant buyers.
2. Home prices are skyrocketing : Single-family home and condo sellers in the first half of 2015 sold for an average of 13 percent above their original purchase price.
3. Sellers have less competition : Inventories of for-sale homes remain tight, forcing buyers to compete for a limited supply.
