As we move into the colder months of the year, we can expect further declines in home prices. A new report shows homes are still selling in the United States, but prices aren’t going up nearly as fast as they were since early in the pandemic. Buyers definitely have an upper hand when it comes to negotiating right now. In some areas, home inventory is rising faster than expected, adding choice, and home prices are leveling off, improving affordability.
With that said, even though the market has shown signs of cooling in recent months and home prices are decelerating, it still continues to be a good time to sell. There are several reasons why, including continued buyer demand and housing inventory.
Whether you are buying or selling, today’s market can feel daunting. That’s why it’s so important to have an experienced agent on your side. I’d love to help you get started. Contact me today: (919) 291-5704
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