Leave a Message

Thank you for your message. We will be in touch with you shortly.

2 Things Sellers Need To Know This Spring

March 8, 2023

Real Estate Tips

2 Things Sellers Need To Know This Spring

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind.

1. Houses That Are Priced Right Are Still Selling

Houses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillowsays:

“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”

The need to price your house right is so important today because the market has changed so much over the past year. Danielle Hale, Chief Economist at realtor.comexplains:

“With a smaller pool of buyers today and more competition from other homes on the market, homesellers will likely need to adjust their price expectations in the market this spring.”

While this spring housing market is different than last year’s, sellers with proper expectations who lean on a real estate expert for the best advice on pricing their house well are still finding success. And that’s great news if you’re thinking about selling.

2. Buyers Are Still Out There

As mortgage rates have risen and remain volatile, some buyers have pressed pause on their plans. But there are still plenty of reasons people are buying homes today. Lisa Sturtevant, Chief Economist at Bright MLSspells out the mindset of today’s buyers:

“For some buyers, higher mortgage rates simply means buying a home is out of the question unless home prices fall. For others, higher mortgage rates will be a hurdle but ultimately will not keep them from getting back into the market after sitting on the sidelines for months.”

That’s why, if you’re interested in selling your house this spring, it’s helpful to work with a real estate agent who can help connect you with those buyers who are ready to purchase a home.

Bottom Line

There are still clear opportunities for sellers this spring. If you’re wondering if it’s the right time to make a move, let’s connect today.

 

(2023, March 8). 2 Things Sellers Need To Know This Spring. Keeping Current Matters. https://www.mykcm.com/2023/03/08/2-things-sellers-need-to-know-this-spring/?utm_medium=email&_hsmi=249307413&_hsenc=p2ANqtz-9tGos7olEjNwvtb9YDT-_zFVM6AT6xE7PVWBBS6xXNN7ljNvjZYEbz-xS4bsiwZI_LKT2uO6IBdKFf_ODTO8bMNMG4fw&utm_content=249307413&utm_source=hs_email


Real Estate Investing

How to Achieve a Fast Closing Without Complications in Real Estate Transactions

Brian Ng  |  November 7, 2024

How to Achieve a Fast Closing Without Complications in Real Estate Transactions

Seller

How Upcoming Commercial Developments Could Transform Property Values (and When to Look Out for Risks)

Thao Dang Pham  |  November 5, 2024

How Upcoming Commercial Developments Could Transform Property Values (and When to Look Out for Risks)

Seller

10 Expert Tips to Maximize Your Home’s Sale Price in 2024

Brian Ng  |  October 30, 2024

10 Expert Tips to Maximize Your Home’s Sale Price in 2024

Seller

Unlocking Maximum Value: Proven Strategies to Sell Your Home for Top Dollar

Thao Dang Pham  |  October 28, 2024

Unlocking Maximum Value: Proven Strategies to Sell Your Home for Top Dollar

Real Estate Investing

A Guide to Generating Wealth with Rental Properties

Brian Ng  |  October 24, 2024

A Guide to Generating Wealth with Rental Properties

Real Estate Investing

Maximize Wealth with Passive Income Streams: The Ultimate Guide to Financial Freedom

Thao Dang Pham  |  October 22, 2024

Maximize Wealth with Passive Income Streams: The Ultimate Guide to Financial Freedom
FOLLOW US ON INSTAGRAM