Thinking of buying or selling a house and wondering what the new year holds for the housing market?
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Want to know what experts say will happen in the rest of 2023?
There are only about half the number of homes for sale compared to the last normal years in the market.
The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home.
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.
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 deciding whether you should make updates before you sell your house, lean on your agent to be your guide.
- If the market is flooded with houses for sale, updates may be necessary for your house to stand out. In our current sellers’ market, the added expenses might not be worth it.
Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider.
While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.
If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity right now.
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now.
Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities.
As the housing market continues to change, you may be wondering where it’ll go from here.