š± Donāt let fear-based headlines or outdated predictions keep you stuck on the sidelines!
Download the Made 4 More app for the most accurate, up-to-date listingsāwith no hidden fees and zero data selling.Ā
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š Are Home Prices Going to Drop? Spoiler: Not Really
Buyers everywhere are holding out, hoping prices will finally take a dive. But hereās the reality: a full-on price crash isnāt coming.
Yes, weāre seeing home price growth cool off. But slowing down doesnāt mean falling off a cliff. According to the National Association of Home Builders (NAHB), high mortgage rates and more homes on the market have taken the heat off price surgesābut prices are still climbing nationally. On average, experts predict a 1.5ā2% increase this year.
Some local markets might dip slightly (by about 3.5%), but thatās nothing compared to the 20% plunge we saw in 2008. And donāt forget: home values are still up over 55% compared to just five years ago.
So, waiting around for a bargain basement deal? Itās probably not happening.
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šø What About Mortgage Rates? Will They Finally Drop?
We hear this one a lot: āIāll just wait until rates drop.ā
But according to Yahoo Finance and other experts? You might be waiting a while.
The Fed has signaled that rates will likely hover in the mid-6% range through the end of 2025. Thatās right around where we are now. So if youāre hoping for a magical drop into the 4s or 5s? You might be putting your real estate goals on pause for nothing.
The smarter play? Work with a pro who understands how to navigate todayās rates and knows how to help you win regardless of market conditions.
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š§ Buyers and Sellers: Strategy Over Headlines
Letās be realātodayās market isnāt āhotā or ācrashing.ā Itās balancing. And balance means opportunityāif you know how to play your cards.
š Buyers: Prices are still rising slowly, so locking something in now could save you money over the long run.
š Sellers: With prices still holding strong and inventory rising, smart marketing and sharp pricing are more important than ever.
Bottom line? The headlines donāt move your lifeāyour goals do.
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