🏚 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.
🏚 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.