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The 2023 Housing Market: A Look Ahead

Housing Wire

While this would be a hit to homeowner equity, only 1 to 2 percent more of homeowners would move into negative equity. There won’t be forced home sales like we saw in the crisis. Short sales are unlikely to reemerge unless there is a serious deterioration in borrowers’ ability to pay their mortgages. .

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Think US home prices are high? At least we aren’t Canada

Housing Wire

foreign buyers have always been less than 300,000 of total home sales for many years. When you think about our total home sales being between 5-6 million, foreign investment isn’t that much. The days on market grow, which gives people more choices and less forced bidding. Here in the U.S., Size also matters.

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I Need to Sell My House Fast, What Are My Options?

HomeLight

Alternatively, you could request a full cash offer through a platform like Simple Sale , slashing your closing timeline to 10 days or the move-out date of your choosing. Myles Daniel , a real estate investor in Greenville, SC, spoke with HomeLight about the types of challenges or situations that can require a fast sale.

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How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

HomeLight

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Once you gain the lender’s approval, you can list your home for sale. Source: (Vidar Nordli-Mathisen / Unsplash).

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

In any given moment, we can look to certain indicators to suggest what market stage an area may be in: Active housing inventory. Real estate sales by unit. This is because the market is still experiencing a feeding frenzy from buyers and investors looking to cash in on the appreciation from the previous cycle. Housing values.

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

An ample supply (lots of homes for sale) and limited demand (fewer buyers) leads to a buyer’s market. Conversely, lack of supply (fewer homes for sale) and abundant demand (lots of buyers) results in a seller’s market. When you’re selling, the type of market you’re in makes all difference to your bottom line.

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

HomeLight

With 300 days of sun a year, a walkable downtown, and an average sale price $22,000 higher in February of 2023 than 2022, the area is still a great market if you’re looking to sell your house fast in Denver. In this guide, we’ll review each option to help you decide which makes the most sense for your home sale.

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