
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.
This 24/7 live report show the actual housing market statistics from Bay Area Real Estate Information Services (BAREIS), the multiple listing services for Vacaville and all of Solano County. This report contains live data on sold units, new listings, pricing, inventory and everything you need to make an informed decision. If you have questions and or need immediate assistance with real estate please feel free to call or email us. Lynn: 707.529.0778 or Lisa: 707.592.9056
concierge@farrisgroup.com
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"We have worked with Lynn when we sold my mother's house. She knows the market, gave us good comps for listing and guided us through the entire process. She was available if we had questions and was excellent at keeping us updated."
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"Lynn was great to work with. She kept me up with everything going on with the house until it sold. She always was easy to reach and made the process a breeze. I would recommend her if anyone needs a nice, down to earth, friendly realtor."
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It provides estimates of home value, market trends and lots of information with one easy monthly report.
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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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