Oops! Home Prices Didn’t Crash After AllDuring the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts

Dated: May 25 2023
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If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will have fewer options, so you set yourself up to get the most eyes possible on your house.
Here’s what industry experts are saying about why selling now has its benefits:
“Inventory levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.”
“We have not seen the traditional uptick in new listings from existing homeowners, so undersupply of housing will continue to heighten market competition and put pressure on prices in most regions. Some markets are already heating up considerably, but price premiums that we saw last spring and summer are unlikely.”
“Well-priced, move-in ready homes with curb appeal in desirable areas are still receiving multiple offers and selling for over the asking price in many parts of the country . . .”
“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”
If you’re thinking about selling your house, let’s connect so you have the expert insights you need to make the best possible move today.
Expect the best!I can get you the results you deserve quickly with the least stress to you Audrey Callahan is a REALTOR/ASSOCIATE at NextHome Zenith, a firm that specializes of all aspects of Real....
Oops! Home Prices Didn’t Crash After AllDuring the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts
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