home values: What's a SHIFT in the market and is it coming?
- 06/15/15 06:46 AM
A shift in the market occurs when buyers and sellers have different opinions on home values. That’s the easy, simple way of explaining it. A home is always worth what a buyer is willing to pay for it, right now, buyers are willing to pay high prices for homes, there will be a point where they will not do so and home values will drop.
The determination of what a home is worth to a buyer is typically made from several factors, two are inventory and interest rates. Right now interest rates are around 4.0% which is incredibly low considering the … (2 comments)
With so many sites at your disposal like Zillow and Trulia that give you immediate “estimates” of your home, from hearing your neighbors tell you what their home sold for or another neighbor’s home sold for, you may have many different figures and still be wondering what is my home worth?
Several important factors of pricing your home correctly include:
1. Market conditions when you are selling your home: The real estate market is constantly changing each year and sometimes each month. Market conditions depend on many factors including the economy, politics, season, competition. There are more specifics on … (0 comments)
A shift in the market occurs when buyers and sellers have different opinions on home values. That’s the easy, simple way of explaining it. A home is always worth what a buyer is willing to pay for it, right now, buyers are willing to pay high prices for homes, there will be a point where they will not do so and home values will drop. 
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