This spring presents a favorable opportunity for homebuyers due to increased inventory and sellers’ willingness to negotiate. With 27.5% more homes available compared to last year, buyers enjoy greater choices and potential lower prices. Increased price cuts indicate sellers are more flexible, enhancing buyers’ leverage in negotiations.
Tag Archives: real estate
What’s Motivating More Buyers to Choose a Newly Built Home?
As the new year begins, buyers are increasingly attracted to newly built homes, which accounted for 15% of sales last year—a 17-year high. Key motivations include avoiding renovations, customization options, community amenities, low inventory of existing homes, energy efficiency, and smart home features. Having an agent is recommended for the buying process.
The Top 5 Reasons You Need a Real Estate Agent when Buying a Home
Real estate agents provide invaluable expertise, guiding buyers through complex processes and ensuring their best interests are served. With industry knowledge, local insights, and negotiation skills, they help buyers make informed decisions and secure fair deals. In today’s dynamic market, their role is more crucial than ever. Trusting in their expertise is essential for successful real estate transactions.
Why There Won’t Be a Recession That Tanks the Housing Market
Amid recession concerns, economist Jacob Channel asserts the current strength of the economy. A survey by the Wall Street Journal indicates a reduced recession projection, supported by low unemployment rates. Future unemployment rate projections also indicate stability. Overall, experts believe a recession is unlikely in the next year, alleviating fears of a housing market crash.
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