Selling your home is all about timing. Not just the time of the year you sell your home but all the other factors involved. Like are you selling and downsizing locally or moving out of
Craziness of the 2022 real estate market and moving into 2023 real estate market!
Dated: February 12 2023
We made it through the craziness of 2022 and we are just starting 2023. We all know that the market was super hot until the mortgage rates soared over 6% and on their way to 7%. The rates have since come down but most in the financial market believe the rates are going to continue to bounce up and down depending on fear or confidence. That creates uncertainty for both buyers and sellers. Time will tell how the year will unfold but either way we know that we better be prepared to go with the swings it will have. If you are considering selling you will need to price your home properly (based on facts not feelings or what you need), make sure it’s in great condition and be open to some buyer demands. The sellers that do that should be able to accomplish the sale of their home and move on with the next phase of their lives. Buyers will need to be realistic in what they can afford and if it’s their first home and not their forever home they will need to be willing to compromise all their “wants” and focus on what their actual “needs” are for their home. Knowing that they will be able to sell and move to their dream home in 3-5 years or use their first home as a rental and start creating wealth in real estate. Either way it’s all about being realistic. If you have any questions regarding the current real estate market with regards to buying or selling a home give me a call 843-900-4692!
Hi I’m Sherry Swift the Broker in Charge! I’m originally from Michigan graduating from Ferris State University with a degree in Accounting. Then to satisfy a long time dream of mine I move....
Latest Blog Posts
Selling your home is all about price, presentation, and promotion! 1) Price - Price your home correctly to start. This isn’t like the 2022 frenzied market where sellers could
We made it through the craziness of 2022 and we are just starting 2023. We all know that the market was super hot until the mortgage rates soared over 6% and on their way to 7%. The