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.
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The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow.
During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.
- If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
- On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term.
- If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions.
- Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a professional to guide you through those decisions.
Do negative headlines and talk on social media have you feeling worried about the housing market?
- 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%.
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow.
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months.
- Believe it or not, there are lots of things you can do to prep your house for a sale without even going to the store.
- Your real estate plans don’t have to be completely on hold even while we’ve hit the pause button on other parts of daily life.
- 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 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.
Spring has arrived, and that means more and more people are getting their homes ready to sell.
Want to know what experts say will happen in the rest of 2023?
When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles.
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it.
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023.