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A top agent’s take on 2023 housing trends

Real Trends

If the interest rates do drop and get closer to 5%, agents can expect a mini-boom in which the low rates will re-inspire housing demand significantly and boost overall sales. There will be less price negotiation, more rate buy-downs and more seller concessions.

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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

Depending on other factors such as your location, your home’s condition, and current market conditions, that estimate can run up to 10%. We break down what the cost of a home sale could look like based on the average U.S. home sales price of $453,300, as reported by the Federal Reserve Bank of Saint Louis. Cost to seller.

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How to Find Comps for My House: An Illustrated Guide

HomeLight

Before contacting a real estate agent, you had no idea how much your house was worth , or how much you could make in a home sale. This “how to find comps for my house” crash course will teach you how to find comparable sales and calculate a rough estimate of your home’s home’s value. How do home sellers use comps?

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Sell Your House Fast in Miami: Expert Strategies for a Quick Sale

HomeLight

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. The company has 4.6

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Can I Sell a Home After Owning It 2 Years? Here Are 8 Things to Consider

HomeLight

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Primary reasons for this include lack of equity accumulated in the home and insufficient appreciation – an increase in property value. Get Estimate.

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Can I Sell a Home After Owning It 1 Year?

HomeLight

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. How Much Is Your Home Worth Now? Get Estimate.

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2023 Housing Market Year In Review: A Market Ruled by Mortgage Rates

Redfin

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. The spring homebuying season never happened , housing inventory remained historically low throughout the year, and sales plummeted. Seasonal trends buckled.