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How to Sell a House by Owner in California (2023 Updates)

HomeLight

The median price of a California home hit $777,500 in November 2022 , which is a 3% decrease from the previous month, a sign that higher interest rates are slowing the real estate market in California. Moreover, homes are sitting on the market for longer and inventory is increasing. Average time on market: 24 days (November 2022).

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Disastrous Disclosures

The Residential Specialist

Like residents, the real estate market is resilient. It is necessary to fully disclose all information important to the sale and that may affect a buyer’s decision to purchase,” he says. Real estate professionals have a duty to disclose hazards, defects and other various factors or otherwise risk facing a lawsuit for damages.”.

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What Must Be Disclosed When Selling a House in California?

HomeLight

If you need assistance navigating the legalities of what to include on a home seller disclosure form in California, HomeLight always encourages you to reach out to your own advisor. California has complex disclosure requirements for home sellers. What is a seller’s disclosure? You are a serious seller.

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What You Need to Know About Selling Your House in California

HomeLight

Fear of the unknown can cause sellers high-level anxiety, especially in a shifting housing market. This article will walk you through how to price your home, disclosures, and other documents. If you’re selling on the open market , pricing your home right is one of the most critical steps. Less time on the market.