Category: Sellers
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Expert Home Price Forecasts for 2024 Revised Up
Over the past few months experts have revised their 2024 home price forecasts based on the latest data and market signals. They are even more confident prices will rise, not fall! So, let’s see exactly how experts’ thinking has shifted and what’s caused the change. 2024 Home Price Forecasts: Then and Now The chart below…
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Why We Aren’t Headed for a Housing Crash
If you’re holding out hope that the housing market is going to crash and bring house prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market is very different than it was before…
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It’s Time To Prepare Your House for a Spring Listing
If you’re thinking of selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it’ll be important to make sure your house shines bright among the competition. Here are some valuable tips you can use to get your house…
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Houses Are Still Selling Fast
Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as frenzied as it was during the ‘unicorn’ years ,they are still selling faster than normal. The graph below uses data from Realtor.com. It tells the story of median days on the market. For Realtor.com, days…
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Are More Homeowners Selling as Mortgage Rates Come Down?
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you. It may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-in Effect Over the past year, one factor that’s really limited…
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Homebuilder Sentiment Improves
Homebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly index. Anything below 50 is still considered negative. The index has now moved 10 points higher in the last two months. Sentiment is now at the highest level since September. The increase coincides with a big drop…
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The Benefits of Working With an Agent When You Sell Your Home
When it comes to selling your house, my experience and knowledge can make a difference. I will explain what’s happening, what that means for you, and how to price and market your house. I am also a skilled negotiator and well versed in the contracts and disclosures involved. If you plan to sell your home,…
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Avoid These Common Mistakes After Applying for a Mortgage
If you are getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply for your mortgage and before you…
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The Dramatic Impact of Homeownership on Net Worth
If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances. It compares net worth for homeowners and renters. The latest report…