The housing market is improving with a national increase in inventory of over 19%, especially in the West where it’s nearly 41%. More homeowners are listing their properties, and homes are taking longer to sell. However, inventory growth varies by location, making local agent expertise essential for buyers.
Tag Archives: selling
3 Reasons To Buy a Home This Summer
Are you thinking about buying a home, but not sure if now’s the right time? A lot of people are waiting and wondering what the market’s going to do next. But here’s something only the savviest buyers realize: This summer might actually be the best time to buy in years. Here are three big reasonsContinue reading “3 Reasons To Buy a Home This Summer”
The Rooms That Matter Most When You Sell
To successfully sell your home, staging is crucial in making it welcoming and move-in ready, which helps buyers imagine themselves living there. Key areas to focus on include the living room, primary bedroom, and kitchen. Consulting a local agent can provide tailored advice on effective staging strategies that fit your budget and needs.
Why Buyers Are More Likely To Get Concessions Right Now
Homebuilders and sellers are increasingly offering concessions and incentives, such as assistance with closing costs and mortgage rate buy-downs, to attract buyers in a competitive market. Over 44% of existing home sellers provided concessions recently, indicating a shift towards buyer advantages as inventory rises. This trend presents opportunities for potential homebuyers.
A Tale of Two Housing Markets
The housing market is evolving from a strong seller’s market to a more balanced environment, allowing buyers more negotiating power. This shift varies by region, with some areas experiencing increased inventory. Understanding local market conditions is essential for making effective real estate decisions, making it crucial to consult with local agents.
The #1 Thing Sellers Need To Know About Their Asking Price
When selling a home, accurate pricing is crucial due to changing market dynamics and increased inventory. Overpricing can deter buyers and result in lower offers. Agents play a key role in setting competitive prices based on market data. A well-priced home attracts serious buyers and facilitates quicker sales, ensuring better outcomes.
The Best Week To List Your House Is Almost Here – Are You Ready?
If selling your house is on your to-do list this year, the time to start prepping is now. That’s because experts say the best week to list your house is coming up fast. A recent Realtor.com study analyzed years of housing market trends (excluding 2020 since it was an outlier) and found that April 13–19Continue reading “The Best Week To List Your House Is Almost Here – Are You Ready?”
Rising Inventory Means This Spring Could Be Your Moment
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.
Seller Concessions: A Smart Strategy to Get Your House Sold
The housing market is shifting towards a balance, requiring sellers to offer concessions to close deals. These can include covering closing costs, price adjustments, or adding a home warranty. As nearly 24% of sellers offered concessions in 2024, having a skilled agent to navigate these negotiations is essential for successful transactions.
The Secret to Selling This Spring: Start the Prep Work Now
Spring is a crucial season for home sales, with buyers becoming more selective. Homeowners should prioritize strategic repairs, especially those with high ROI, to enhance their property’s appeal. Consulting a local real estate agent early can provide valuable insights. Start getting your home market-ready now to maximize buyer interest.
Real Estate | Your@HomeTeam 