With demand for homes up and inventory down, the conditions are perfect for home sellers to get higher prices than months and even years prior. "Many sellers can get top dollar in the current market conditions," says Lawrence Yun, a chief economist at NAR (National Association of Realtors).
This good news may come as a surprise to sellers since it was expected that the housing market would take a hit and home prices would drop because of the 2020 global pandemic. That's quite the contrary. Home asking price growth is actually higher now than it was before the pandemic. So here is how you can take advantage of this rare time in history.