If you want to sell your home in the next year, it is essential to understand what is happening in the real estate marketplace. This article from Nerdwallet does a great job of covering what to expect in 2023 so you can be prepared. Enjoy the article and give me a call with any questions you have or for help with any of your real estate needs.
Tim Houterloot - Broker/Realtor
317-997-0165 - Cell
indyhomepro@outlook.com
Source: Nerdwallet | Repost Houiterloot 1/19/2023 -
Despite elevated mortgage rates and a continuing shortage of homes for sale, the 2023 market has some bright spots for buyers.
The frenzied competition of the past few years has settled down, home prices are stabilizing, and properties are staying on the market a little longer.
“It's not as crazy as it was," says Trevor Gearin, a real estate agent in Methuen, Massachusetts. "Six months ago, the buyers didn't have a chance to think. Now we're seeing buyers being able to negotiate a little."
If you're thinking about shopping for a home, here's what to expect and how to approach the market.
Home prices flattening
After big gains in the past three years, home prices are expected to stay flat.
Read the full article...
