hegemony Posted March 21, 2023 Share Posted March 21, 2023 Home Prices Fell in February for First Time in 11 Years (soft paywall) Quote Link to comment Share on other sites More sharing options...
hdporter Posted April 1, 2023 Share Posted April 1, 2023 We're just 3 weeks away from a move, with listing in 2-4 weeks. I'm stunned and delighted that Redfin/Zillow have our average estimate on par with a year ago, despite the hike in interest rates. Even more satisfying is that those estimates have moved significantly toward their mean, with just a $10k difference now vs $80k difference a year ago. The recent agreement in these estimates, plus feedback from our realtor strongly suggest we should be able to list $25k higher than our current target, with a reasonable expectation of multiple offers. This is at stark odds of the price depression I had anticipated when the Fed made clear that rates would be hiked significantly. (fwiw, the last two months have been particularly kind, with a 10%/5% (respectively) climb in estimates.) hegemony 1 Quote Link to comment Share on other sites More sharing options...
hegemony Posted April 7, 2023 Author Share Posted April 7, 2023 we're thinking about selling one of our properties. I'll be curious to see how your sale goes. Quote Link to comment Share on other sites More sharing options...
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