Summer Homebuying Tips

It's a tense spot this summer. The amount of homes that are available for sale is growing, but it is still extremely low, and the high mortgage rates have forced many buyers who are interested out of the market. These high rates have led many homeowners to remain in their homes which is a factor that has limited the amount of homes available that are available for sale. These mismatches in the market for housing pose unique challenges as well as opportunities for buyers and sellers . Pricing Is Key For Sellers The price for listing is the most crucial aspect for sellers to do right. Homes are more likely to garner significantly more attention online and traffic when they are first advertised than if the seller decides to lower the price. This implies that putting up an excessively high price and then lowering it later in order to attract more attention could cause a backlash. With fewer home buyers in the market, it's crucial to set a reasonable price in the beginning to attrac...