
What’s Ahead for Home Prices in 2023
🏡 Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened.
We’ve cultivated our vast knowledge over 25 years, through hundreds of real estate transactions, negotiations, and challenges, through shifting economies, both weak and prosperous. We’re problem solvers, often knocking them out before they arise. Our experience in retail sales and management, and over two decades in real estate, have taught us many valuable lessons. Most importantly, we’ve learned that serving you, our client, means giving our all, and making communication easy. Being your advocate is job #1!
RE/MAX Gold is the #1 brokerage with the largest real estate brand in the world, but we don’t rest on our laurels. We still hold our values and foundation of integrity to the highest standard. Our goal is to deliver the ultimate real estate experience by providing incredible value and exceptional service. And, when you buy or sell your home with us, you get our entire team of professionals, working to serve and guide you through every step of the process.
Every home has a story, and they are as vast and varied as the world is wide. But they all start with inspiration, and inspiration starts with our surroundings. That’s what home is. Family. Friends. A sense of place. An amazing view. It is all part of what makes a space a home because your home is where you truly live. As a leading real estate group, we understand that your best life begins with a home that inspires you.
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If you live here already, you know how fortunate we are to live, work, and play in this vibrant place. If you’re considering investing here, you’re likely aware of the area’s extraordinary possibilities, like lush country settings, quaint communities, enthralling agricultural beauty, and true farm-to-fork dining. If Northern California is your real estate destination, look no further than Elite Partners!
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🏡 Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened.
🏡 Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market.
🏡You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.
🏡 Many people are reaching the point in their lives when they need to decide where they want to live when they retire.
🏚 To sell your home this spring, it may need more curb appeal than it would have a year or two ago. Today’s housing market has a different feel.
💰 Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay.
🏚 The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.
🏚 If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now.
🏡 Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession.
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year.
🏡 If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus.
There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates.
There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you.
If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window.
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