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One in five U.S. homeowners is looking to place their home on the market this year, a Coldwell Banker Real Estate survey revealed.
REALOGY HOLDINGS CORP
The recent survey, conducted online with The Harris Poll, indicated that a slew of U.S. homeowners are exploring their plans to sell amid a time when there is record low inventory coupled with historically low mortgage rates.
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Despite the unprecedented year, the findings indicated that "the spring home buying and selling season is already hot."
However, according to the brokerage, younger homeowners (aged 18-44) are more likely to sell their homes in 2021 compared to older generations.