2023 Forecast: Continued Optimism for Housing Market

2023-01-18T09:40:26-05:00January 18th, 2023|Categories: Market Update|

The housing market in 2023 continues to look better for home buyers who have been waiting to get back in the game due to the rate volatility last year. According to many experts, this could be the year of relief and opportunities for those looking to purchase a home. Gone are the days of fierce [...]

Sellers Offering Concessions Again…Buydowns Helping Buyers

2023-01-18T09:46:55-05:00January 11th, 2023|Categories: Market Update|

A recent Redfin report revealed exciting news for homebuyers: a record 41.9% of home sellers offered concessions in Q4 of 2022! This means that more and more sellers are offering incentives such as money for repairs and mortgage-rate buydowns to help buyers make the purchase. This is the highest increase in any three-month period since July [...]

Potential Opportunity in the Real Estate Market in 2023?

2023-01-18T07:43:30-05:00January 4th, 2023|Categories: Market Update|

Last year, the real estate market was so competitive that buyers had to pay above asking prices and negotiate hard to get favorable terms. Today's housing market is much more favorable for buyers, with more room for negotiation and discounts. This sets the stage for a great opportunity! Inflation is starting to ease, [...]

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