Updated guide: For our current, in-depth take, read Real estate pricing strategy in a shifting market. Usually, the most cosmetically appealing home on the market is the first to sell at a higher price. As I have mentioned, the real estate market has been rapidly changing, and demand has decreased considerably because of higher interest rates at around 7% on average. So, if you have been thinking about...
Updated guide: For our current, in-depth take, read Ignoring the headlines on property values. But what is changing? The speed at which homes are selling. In the first quarter of this year, we saw homes selling on average in 17 days. A strong seller's market is under 60 days, so 17 days was complete INSANITY! This fast-paced market was caused mainly because of a very low inventory. We...
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