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Pricing | Keller Williams Realty Signature Partners Blog

Friday, May 24, 2024   /   by Laura Miller Edwards Realty Group

Your Agent Is the Key To Pricing Your House Right [INFOGRAPHIC]

Some Highlights

The asking price for your house can impact your bottom line and how quickly it sells.


Both under- and overpricing have drawbacks. So to find the right price for your house, lean on your agent for their expertise.


Don’t pick just any price for your listing. Trust your real estate professional to help you find the perfect price for your house.

This blog post previously appeared on https://www.simplifyingthemarket.com/en/2024/05/24/your-agent-is-the-key-to-pricing-your-house-right-infographic?a=106260-312309902871c1f0d820820f58bf8fde. The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. and the Laura Miller Edwards Realty Group do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your . ...

  for sellers, infographics, pricing

Tuesday, March 5, 2024   /   by Laura Miller Edwards Realty Group

Expert Home Price Forecasts for 2024 Revised Up

Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.
So, let’s see exactly how experts’ thinking has shifted – and what’s caused the change.
2024 Home Price Forecasts: Then and Now
The chart below shows what seven expert organizations think will happen to home prices in 2024. It compares their first 2024 home price forecasts (made at the end of 2023) with their newest projections:
 
The middle column shows that, at first, these experts thought home prices would only go up a little this year. But if you look at the column on the right, you'll see they've all updated their forecasts and now think prices will go up more than they originally thought. And some of the differences are major.
There are two big factors keeping such strong upward pres. ...

  housing market updates, real estate market, pricing

Wednesday, September 13, 2023   /   by Laura Miller Edwards Realty Group

Expert Home Price Forecasts Revised Up for 2023

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong.
While there was a slight home price correction after the sky-high price appreciation during the ‘unicorn’ years, nationally, home prices didn’t come crashing down. If anything, prices were a lot more resilient than many people expected.
Let's take a look at some of the expert forecasts from late last year stacked against their most recent forecasts to show that even the experts recognize they were overly pessimistic.
Expert Home Price Forecasts: Then and Now
This visual shows the 2023 home price forecasts from seven organizations. It provides the original 2023 forecasts (released in late 2022) for what wo. ...

  housing market updates, pricing

Wednesday, August 16, 2023   /   by Laura Miller Edwards Realty Group

Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

Some Highlights

Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.

This blog post previously appeared on https://www.simplifyingthemarket.com/en/2023/08/04/housing-market-forecast-for-the-rest-of-2023-infographic-1?a=106260-312309902871c1f0d820820f58bf8fde. The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. and t. ...

  for buyers, for sellers, housing market updates, infographics, mortgage rates, pricing

Tuesday, January 24, 2023   /   by Laura Miller Edwards Realty Group

Want To Sell Your House? Price It Right.

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:
“. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible.”
In a more moderate market, how you price your house will make a big difference to not only your bottom line, but to how quickly your house could sell. And the reality is, homes priced right are still selling in today’s market.
Why Pricing Your House Appropriately Matters
Especially today, your asking price sends a message to potential buyers.
If it’s priced too low, you may leave money on the table or discourage buyers who may see a lower-than-expected price tag and wonder if that means something is wrong with the home.
If it&rsqu ...

  for sellers, pricing

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Laura Miller Edwards Realtor
3375 Dallas Hwy SW, Ste 100
Marietta, GA 30064
678-388-1400

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