Over the past year, the housing market underwent an about-face as rapidly rising mortgage rates dramatically slowed home sales activity. In 2023, the housing market is expected to continue its correction and the housing market should stabilize.
While supply and demand of home inventory is still off balance, we are beginning to see inventory rise which is putting buyers in a more favorable position than they were in the 2022 seller’s market.
Though the market may seem daunting right now, it could still be the right time for buyers to take on homeownership. Recent data indicates that we may be headed toward a buyers’ market as inventory increases and prices decline.
Even though the housing market is cooling and home prices are decelerating, it still continues to be a good time to sell. There are several reasons why, including continued buyer demand in many markets and an ongoing shortage of housing inventory.
Navigating this complex market can feel overwhelming, but I can help you through it. Contact me today to get started: (919) 291-5704
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If you must sell your existing house before you can buy, you risk losing the house you want. But there are strategies that will allow you to buy before you sell.
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It generally isn’t financially wise to undertake major renovations just to sell your house, but repairs are another story. Here’s a checklist of what to repair before you sell your house.
Protecting Your Home Against Mother Nature’s Wrath
Whether you are most at risk from hurricanes, tornadoes, thunderstorms or polar vortexes, here’s what you can do to protect your home from nature’s wrath.
