What an Economic Slowdown Could Mean for the Housing Market
Talk about the economy is all over the news, and the odds of a recession are rising this year.
Talk about the economy is all over the news, and the odds of a recession are rising this year.
For a long time, the housing market was all sunshine for sellers.
When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market.
It’s not really a surprise that 70% of buyers paused their home search last year.
• If you put your home search on hold because you couldn’t find anything you liked in your budget, it’s time to try again.
At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”
Let’s talk about something you might not check nearly as often as your bank account – and that’s how much your home is worth.
Have you seen where mortgage rates have been lately?
According to Realtor.com, the best week to list your house this year was April 13–19.
Unfortunately, a lot of sellers today are setting their asking price too high. That’s leading to an uptick in price cuts.