This spring season, buyers and sellers should prepare for a market influenced by many factors. This year’s home-buying season is expected to start earlier than usual, with June possibly being the prime month for sellers to get the best offers. Mortgage rates will likely drop, causing an increase in the number of property listings and competition among buyers. Home prices are still rising, but the rate of increase seems to be decreasing, and sellers are becoming more prepared to negotiate pricing. Also, home inventory is likely to expand, giving buyers more options.
Despite all this, prepared buyers and sellers who are creative and knowledgeable in their strategy can still benefit on the opportunities given by this housing market.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
