There are only about half the number of homes for sale compared to the last normal years in the market.
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2505 search results for: 5 great things for a realtor to do in this market
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.
Today’s housing inventory is still well below more normal years.
- 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.
If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market.
- Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now.
- Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners have a lot of equity that can fuel a move.
- If you’re trying to decide whether to rent or buy a home, there are a few things you should consider.
- Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.
- Today’s housing market is different than it was in 2008.
- Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity.
Here are three reasons why homeowners feel thankful for their homes.
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then.
Thinking of buying or selling a house and wondering what the new year holds for the housing market?
When you look at the numbers today, the one thing that stands out is the strength of this housing market.
Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers.
Comparing real estate metrics from one year to another can be challenging in a normal housing market.
- If you’re thinking about selling your house this spring, here are some things you’ll want to tackle before you list.
- Spend your time on tasks that make it feel inviting, show it’s cared for, and boost your curb appeal.
- If you’re thinking about buying a home, be sure to plan for closing costs.
- Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more.
- The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home.
- Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes selling above asking price.
During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.
- Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
- And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.
- If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers.
- Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation.
- Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market.
- Although the supply increases are modest, more homes means more options for buyers. A rise in inventory may also help slow the price gains we’ve seen recently and could be a sign of good things to come.