With many people in the midst of buying and selling homes, it’s important to understand the current housing market. The housing market has been changing rapidly over the past year due to supply and demand, as well as other factors like historically low mortgage rates and foreclosures across the country. Buyers should be aware that prices are higher than ever before and should be prepared for competition when searching for homes in certain areas. Sellers will benefit from high prices but should be sure to have realistic expectations about what they can expect from their sale price given current market conditions. All things considered, now is still an excellent time for both buyers and sellers alike—so long as everyone has done their research beforehand! It's more important to work with real estate professional to guide you through this market. Get in touch with us today!
Originally published by: Victoria Makaskill |
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February 2023
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