A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind.
Houses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says:
With the high price of homes and rise in interest rates, the American dream of homeownership may be out of reach for many buyers these days. What I am starting to see is more buyers pooling their resources together and buying homes with family and friends. Read on to learn more about this trend:
The struggle for buyers right now is real and I would imagine, extremely frustrating. The biggest issue, lack of inventory. Read further to find out why there is such a shortage of homes and what to expect through this coming year. There may be some light at the end of the tunnel.
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.
Let's face it, no one wants to look at homes in the middle of winter in New Hampshire, let alone move! If you are planning to purchase a home this year you are probably among the many waiting for the Spring Market to roll in. Contrary to popular opinion, NOW may be a better time to start your homebuying search. Read on to find out why:
“Is this a good time to buy a home?” The answer is, “Absolutely!" There are 3 key elements in the housing market that determine affordability, Mortgage Rates, Home Prices and Wages. Experts are predicting that these 3 factors are likely to improve this year! Read on to find out more:
Getting top dollar for your home does not always mean pricing it as high as possible. There are many factors to consider when pricing your home to sell and it is important to understand the “method behind the madness”. Pricing your home too high could result in less money than the home is worth, while pricing too low could result in money being left on the table. This is why it is so important to work with a Real Estate Professional who can help you navigate through all these caveats. Contact me today!
If you are considering purchasing a home this year but are waiting for rates to drop, you need to reconsider that plan. According to experts, we are not going to see 3% rates any time soon however, with inflation easing we will see lower mortgage rates in 2023 as compared to this past year. This is still a great time to buy and homeownership is still a better option over renting!
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