5 Things To Know Now (current housing market)

 5 Things To Know Now


The chief economist for Realtor.com recently published a piece about the “five things you should know about the housing market now.”

The first thing mentioned was the prediction that mortgage rates will continue to rise. 

Realtor.com also stated there “are not enough homes for sale.”

As such, this will limit your choices as a homebuyer in the current market. 

The third thing mentioned is the expectation that home prices will continue to rise in most markets, just not as quickly. 

The article also predicted that home sellers will continue to have the advantage over homebuyers, but not as extreme of an advantage as home sellers previously enjoyed. 

And the last piece of advice from the chief economist at Realtor.com was not to let “FOMO” (fear of missing out) cause you to purchase a home that you don’t love. 

The take away from the article seems to be things are changing in the US real estate market, but the expectation is they won’t change dramatically in the near term. 

I think it is still a good time to sell; so, call me to learn more about your options should you be thinking of selling your home. 

I can help you quickly sell your home and help you net the most amount of money. 


Michael Friedman

Broker-Associate, Realtor, CDPE eXp Realty


To search Boca Raton communities and Delray Beach communities and Boynton Beach communities, go to my Website

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