The housing market is quickly recovering from the chaos it saw over the past two years. If you’re currently buying or selling, you’re probably wondering what actions to take. To help you make your best decisions, listen to what the experts are saying about the fall housing market:
Expert Quotes for Fall Homebuyers
A recent article from realtor.com:
“This fall, a more moderate pace of home selling, more listings to choose from, and softening price growth will provide some breathing room for buyers searching for a home during what is typically the best time to buy a home.”
Michael Lane, VP and General Manager, ShowingTime:
“Buyers will continue to see less competition for homes and have more time to tour homes they like and consider their options.”
Expert Quotes for Fall Sellers
Selma Hepp, Interim Lead of the Office of the Chief Economist, CoreLogic:
“. . . record equity continues to provide fuel for housing demand, particularly if households are relocating to more affordable areas.”
Danielle Hale, Chief Economist, realtor.com:
“For homeowners deciding whether to make a move this year, remember that listing prices – while lower than a few months ago – remain higher than in prior years, so you’re still likely to find opportunities to cash-in on record-high levels of equity, particularly if you’ve owned your home for a longer period of time.”
Bottom Line
Home prices, mortgage rates, and the supply of homes for sale are what buyers and sellers are focused on today. Want to know what’s going on with the Raleigh, North Carolina market? Contact Linda Craft Team Realtors today!