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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.
Selling your house is a big decision.
Are you thinking about selling your house as a For Sale by Owner (FSBO)?
Are you thinking about making a move?
You may see media coverage talking about a drop in homeowner equity.
If you're considering selling your house right now, it's likely because something in your life has changed.
- 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%.
There’s been talk about a recession for quite a while now.
Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest.
When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now.
- Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process.
- If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process.
Here are a few reasons you may not want to hold off until the new year to sell your house.
During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.
As the year winds down, you may have decided it's time to make a move and put your house on the market.
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months.