If one of the goals on your list is selling your house and making a move this year, you're likely juggling a mix of excitement about what's ahead and feeling a little sentimental about your current home. A great way to balance those emotions and ensure you're confident in your decision is to keep these three best practices in mind when you're ready to sell.
1. Price your home right The housing market shifted in 2023 as mortgage rates rose and home price appreciation stabilized again. As a seller, you still need to recognize how important it is to price your house appropriately based on where the market is today. Hannah Jones, economic research analyst for realtor.com, explains:
"Sellers need to become familiar with their local market and work
If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.
Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years.
If you're worried about falling home prices, don't be. Many experts forecast they'll keep rising for years to come. If you have questions, contact The Aaronson Group for expert guidance. Call 949-388-5194, email info@previewochomes.com
When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something different on the news, and read something on social media that contradicts both thoughts. And, if you’re thinking about making a move, that can leave you with many lingering questions. That’s where The Aaronson Group comes in.
Here are the top 3 questions people are asking about today’s housing market and the data to help answer them.
1. What’s next for mortgage rates?
Mortgage rates are higher than they’ve been in recent years. And, if you’re looking to buy a home, that impacts how much you can afford. Many buyers want to know what’s ahead for mortgage rates. The
Your equity grows as you pay down your home loan and prices increase. With home prices rising again, your equity is getting an extra boost.
Almost half of homeowners are equity-rich because they have at least 50% equity. If you’ve been in your home for a while, you might have also gained a considerable amount of equity.
Want to find out how much equity you have? Contact The Aaronson Group. Call 949-388-5194 Email: info@previewochomes.com
REDUCED PRICE - NOW IS YOUR OPPORTUNITY FOR THIS FABULOUS HOME! Spanning 3,550 sq ft of living space with 5 bedrooms, 3 bathrooms, & an office, it's the perfect blend of elegance & functionality. The chef's kitchen features white shaker cabinetry, slab granite counters, & a full suite of stainless-steel appliances. The main living area flows right from the kitchen & includes a cozy custom fireplace, home theater space, & views of your gorgeous yard area. You'll find beautiful extra-large format tile flooring on the main level & in the guest bathrooms plus high-grade neutral colored carpet in the living/dining rooms & bedrooms. Take a break from the world in the versatile main level bedroom currently configured as retreat
Even with so much data showing home prices are rising in most of the country, many people still worry there will be another price crash in the immediate future. A recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 months. That’s nearly one in four people dealing with that fear – maybe you’re one of them. To help ease that concern, here’s what the experts say will happen with home prices not just next year but over the next five years.
Experts project ongoing appreciation
While seeing a handful of expert opinions may not be enough to change your mind, a larger group of experts will reassure you. Here’s that larger group. The home price expectation survey (HPES) from Pulsenomics is a great resource
Welcome to your dream home in the picturesque hillside community of Borrego Ridge in Foothill Ranch backing to a serene green belt and offering breathtaking panoramic views. This stunning residence offers 3 bedrooms plus loft and 3 bathrooms, providing ample space for comfortable living. As you step inside, you'll be greeted by soaring 2 story ceilings, fresh new paint in today’s colors, new flooring throughout and loads of light flooding this beautiful home. The upgraded kitchen is a chef's delight, featuring stainless appliances, sleek countertops, elegant cabinetry and opens to the family room. The spacious primary suite features raised ceilings, a well-appointed bath, and a new balcony perfect for relaxing and soaking in the incredible
REDUCED PRICE - NOW IS YOUR OPPORTUNITY FOR THIS FABULOUS HOME! Spanning 3,550 sq ft of living space with 5 bedrooms, 3 bathrooms, & an office, it's the perfect blend of elegance & functionality. The chef's kitchen features white shaker cabinetry, slab granite counters, & a full suite of stainless-steel appliances. The main living area flows right from the kitchen & includes a cozy custom fireplace, home theater space, & views of your gorgeous yard area. You'll find beautiful extra-large format tile flooring on the main level & in the guest bathrooms plus high-grade neutral colored carpet in the living/dining rooms & bedrooms. Take a break from the world in the versatile main level bedroom currently configured as retreat
Welcome to your dream home in the picturesque hillside community of Borrego Ridge in Foothill Ranch backing to a serene green belt and offering breathtaking panoramic views. This stunning residence offers 3 bedrooms plus loft and 3 bathrooms, providing ample space for comfortable living. As you step inside, you'll be greeted by soaring 2 story ceilings, fresh new paint in today’s colors, new flooring throughout and loads of light flooding this beautiful home. The upgraded kitchen is a chef's delight, featuring stainless appliances, sleek countertops, elegant cabinetry and opens to the family room. The spacious primary suite features raised ceilings, a well-appointed bath, and a new balcony perfect for relaxing and soaking in the incredible
