The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about the housing market and what your best move is if you’re thinking of buying or selling this fall.
To help you make a confident decision, lean on professionals for insights. Here are a few things experts are saying about the fall market.
Expert Quotes on the Housing Market for Fall Homebuyers
A recent article from realtor.com:
“This fall, a more moderate pace of home selling, more listings to choose from, and softening price growth will provide some breathing room for buyers searching for a home during what is typically the best time to buy a home.”
Michael Lane, VP and General Manager, ShowingTime:
“Buyers will continue to see less competition for homes and have more time to tour homes they like and consider their options.”
Expert Quotes on the Housing Market for Fall Sellers
Selma Hepp, Interim Lead of the Office of the Chief Economist, CoreLogic:
“. . . record equity continues to provide fuel for housing demand, particularly if households are relocating to more affordable areas.”
Danielle Hale, Chief Economist, realtor.com:
“For homeowners deciding whether to make a move this year, remember that listing prices – while lower than a few months ago – remain higher than in prior years, so you’re still likely to find opportunities to cash-in on record-high levels of equity, particularly if you’ve owned your home for a longer period of time.”
Mortgage rates, home prices, and the supply of homes for sale are top of mind for buyers and sellers today. And if you want the latest information for our area housing market, let’s connect today.
Join in the conversation on the Housing Market
To take part in the conversations on Moving to Orlando, residing in Florida, and living near Disney, join our Moving to Orlando Facebook group. In addition, stay tuned to MovingtoOrlando.com to stay up to date on what’s going on in Central Florida.
If you are interested in getting started on your Florida home purchase, our expert Moving to Orlando REALTORS are here to help you navigate the market. Take a moment to fill out our contact form or contact our head Realtor, Ruben, at Ruben@MovingtoOrlando.com.