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Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
Here are a few reasons you may not want to hold off until the new year to sell your house.
- If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say.
- Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents.
- According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row.
- Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable and secure asset that can grow in value over time.
Thinking about selling your house?
If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.
In the United States, there are over 72 million millennials.
- If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you.
- If you find your home no longer meets your needs, it may be time to sell.
Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
Want to know what experts say will happen in the rest of 2023?
- If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
- While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
If your listing expired and your house didn’t sell, you’re likely feeling a little frustrated.
June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.
If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.
Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market.