2e:I[522016,["/_next/static/immutable/chunks/0apdgndzj7mto.js","/_next/static/immutable/chunks/2h7vf_hiralhh.js","/_next/static/immutable/chunks/2fwn9syjmpwog.js","/_next/static/immutable/chunks/2jlfxam0bpgz3.js","/_next/static/immutable/chunks/0x06qvj0bsotn.js","/_next/static/immutable/chunks/0f4ux5_y99oho.js","/_next/static/immutable/chunks/1sfyqmwcokgyv.js","/_next/static/immutable/chunks/1xz3xc5gbrsqk.js","/_next/static/immutable/chunks/3f0lde4181rt-.js","/_next/static/immutable/chunks/16qxt110fg44w.js","/_next/static/immutable/chunks/0qhdd65es78hr.js","/_next/static/immutable/chunks/2mxqn_4ejq3zp.js","/_next/static/immutable/chunks/2f29q_l1m3h_p.js","/_next/static/immutable/chunks/07vugeft_zj05.js","/_next/static/immutable/chunks/1-uyhlh6y-43a.js","/_next/static/immutable/chunks/2q31mep4cekog.js","/_next/static/immutable/chunks/25wl7rlvg1dtv.js","/_next/static/immutable/chunks/2dxqo2hyrvr43.js","/_next/static/immutable/chunks/2qr3s0g2fv65o.js","/_next/static/immutable/chunks/2el0ddahhdj51.js","/_next/static/immutable/chunks/224mv9854d39u.js","/_next/static/immutable/chunks/3rnk9dl_0mjfz.js","/_next/static/immutable/chunks/3l3y21nhefkuy.js","/_next/static/immutable/chunks/1ukgtrgrcr4fr.js","/_next/static/immutable/chunks/1ufpvyks3w8a9.js","/_next/static/immutable/chunks/0sit12kzwbdnq.js"],""] 2f:I[432823,["/_next/static/immutable/chunks/0apdgndzj7mto.js","/_next/static/immutable/chunks/2h7vf_hiralhh.js","/_next/static/immutable/chunks/2fwn9syjmpwog.js","/_next/static/immutable/chunks/2jlfxam0bpgz3.js","/_next/static/immutable/chunks/0x06qvj0bsotn.js","/_next/static/immutable/chunks/0f4ux5_y99oho.js","/_next/static/immutable/chunks/1sfyqmwcokgyv.js","/_next/static/immutable/chunks/1xz3xc5gbrsqk.js","/_next/static/immutable/chunks/3f0lde4181rt-.js","/_next/static/immutable/chunks/16qxt110fg44w.js","/_next/static/immutable/chunks/0qhdd65es78hr.js","/_next/static/immutable/chunks/2mxqn_4ejq3zp.js","/_next/static/immutable/chunks/2f29q_l1m3h_p.js","/_next/static/immutable/chunks/07vugeft_zj05.js","/_next/static/immutable/chunks/1-uyhlh6y-43a.js","/_next/static/immutable/chunks/2q31mep4cekog.js","/_next/static/immutable/chunks/25wl7rlvg1dtv.js","/_next/static/immutable/chunks/2dxqo2hyrvr43.js","/_next/static/immutable/chunks/2qr3s0g2fv65o.js","/_next/static/immutable/chunks/2el0ddahhdj51.js","/_next/static/immutable/chunks/224mv9854d39u.js","/_next/static/immutable/chunks/3rnk9dl_0mjfz.js","/_next/static/immutable/chunks/3l3y21nhefkuy.js","/_next/static/immutable/chunks/1ukgtrgrcr4fr.js","/_next/static/immutable/chunks/1ufpvyks3w8a9.js","/_next/static/immutable/chunks/0sit12kzwbdnq.js"],"StoryHeadline"] 30:I[305540,["/_next/static/immutable/chunks/0apdgndzj7mto.js","/_next/static/immutable/chunks/2h7vf_hiralhh.js","/_next/static/immutable/chunks/2fwn9syjmpwog.js","/_next/static/immutable/chunks/2jlfxam0bpgz3.js","/_next/static/immutable/chunks/0x06qvj0bsotn.js","/_next/static/immutable/chunks/0f4ux5_y99oho.js","/_next/static/immutable/chunks/1sfyqmwcokgyv.js","/_next/static/immutable/chunks/1xz3xc5gbrsqk.js","/_next/static/immutable/chunks/3f0lde4181rt-.js","/_next/static/immutable/chunks/16qxt110fg44w.js","/_next/static/immutable/chunks/0qhdd65es78hr.js","/_next/static/immutable/chunks/2mxqn_4ejq3zp.js","/_next/static/immutable/chunks/2f29q_l1m3h_p.js","/_next/static/immutable/chunks/07vugeft_zj05.js","/_next/static/immutable/chunks/1-uyhlh6y-43a.js","/_next/static/immutable/chunks/2q31mep4cekog.js","/_next/static/immutable/chunks/25wl7rlvg1dtv.js","/_next/static/immutable/chunks/2dxqo2hyrvr43.js","/_next/static/immutable/chunks/2qr3s0g2fv65o.js","/_next/static/immutable/chunks/2el0ddahhdj51.js","/_next/static/immutable/chunks/224mv9854d39u.js","/_next/static/immutable/chunks/3rnk9dl_0mjfz.js","/_next/static/immutable/chunks/3l3y21nhefkuy.js","/_next/static/immutable/chunks/1ukgtrgrcr4fr.js","/_next/static/immutable/chunks/1ufpvyks3w8a9.js","/_next/static/immutable/chunks/0sit12kzwbdnq.js"],"RelatedStoriesLayout"] 2d:T150f,

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals.

Last Year’s Rapid Home Price Growth Wasn’t the Norm

In 2021, home prices appreciated quickly. One reason why is that record-low mortgage rates motivated more buyers to enter the market. As a result, there were more people looking to make a purchase than there were homes available for sale. That led to competitive bidding wars which drove prices up. CoreLogic helps explain how unusual last year’s appreciation was:

“Price appreciation averaged 15% for the full year of 2021, up from the 2020 full year average of 6%.”

In other words, the pace of appreciation in 2021 far surpassed the 6% the market saw in 2020. And even that appreciation was greater than the pre-pandemic norm which was typically around 3.8%. This goes to show, 2021 was an anomaly in the housing market spurred by more buyers than homes for sale.

Home Price Appreciation Moderates Today

This year, home price appreciation is slowing (or decelerating) from the feverish pace the market saw over the past two years. According to the latest forecasts, experts say on average, nationwide, prices will still appreciate by roughly 10% in 2022 (see graph below):

Why do all of these experts agree prices will continue to rise? It’s simple. Even though housing supply is growing today, it’s still low overall thanks to several factors, including a long period of underbuilding homes. And experts say that’s going to help keep upward pressure on home prices this year. Additionally, since mortgage rates are higher this year than they were last year, buyer demand has slowed.

As the market undergoes this change, it’s true price appreciation this year won’t match the feverish pace in 2021. But the rapid appreciation the market saw last year wasn’t sustainable anyway.

What Does That Mean for You?

Today, the market is beginning to move back toward pre-pandemic levels. But even the forecast for 10% home price growth in 2022 is well beyond the 3.8% that’s more typical for a normal market.

So, despite what you may have heard, experts say home prices won’t fall in most markets. They’ll just appreciate more moderately.

If you’re worried the house you’re trying to sell or the home you want to buy will decrease in value, you should know experts aren’t calling for depreciation in most markets, just deceleration. That means your home should still grow in value, just not as fast as it did last year.

Bottom Line

If you’re thinking of making a move, you shouldn’t wait for prices to fall. Experts say nationally, prices will continue to appreciate this year, just at a more moderate pace. When you’re ready to begin the process of buying or selling, partner with a real estate professional so you have a local market expert on your side each step of the way.

Via: Keepingcurrentmatters

Deniz Kilic

Holistic Realtor | Astrologer | Space Clearings | House Blessings

40 SW 13TH ST., STE 101, Miami, FL 33130

Direct: (917) 703-7777

denizsellsflorida@gmail.com

www.denizsellsflorida.com

2a:["$","article",null,{"className":"story-content prose lg:prose-xl prose-zinc","dangerouslySetInnerHTML":{"__html":"$2d"}}] 2b:["$","div",null,{"className":"mt-12 mb-4","children":[["$","$L2e","0",{"href":"/stories/category/real-estate","className":"text-gray-600 border border-gray-200 mr-2 bg-gray rounded-full px-3 py-1 transition duration-300 hover:bg-gray-100 mb-2 inline-block","children":["Real Estate",false]}]]}] 31:T14c4,

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house?

While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because rising mortgage rates are creating less buyer demand. Because of this, there are more homes on the market. And in a shift like this one, the way you price your home matters more than ever.

Why Today’s Housing Market Is Different

During the pandemic, sellers could price their homes higher because demand was so high, and supply was so low. This year, things are shifting, and that means your approach to pricing your house needs to shift too.

Because we’re seeing less buyer demand, sellers have to recognize this is a different market than it was during the pandemic. Here’s what’s at stake if you don’t.

Why Pricing Your House at Market Value Matters

The price you set for your house sends a message to potential buyers. If you price it too high, you run the risk of deterring buyers.

When that happens, you may have to lower the price to try to reignite interest in your house when it sits on the market for a while. But be aware that a price drop can be seen as a red flag for some buyers who will wonder what that means about the home or if in fact it’s still overpriced. Some sellers aren’t adjusting their expectations to today’s market, and realtor.com explains the impact that’s having:

“. . . the share of listings with a price cut was nearly double its year ago level even as it remains well below pre-pandemic levels.”

To avoid the headache of having to lower your price, you’ll want to price it right from the onset. A real estate advisor knows how to determine that perfect asking price. To find the right price, they balance the value of homes in your neighborhood, current market trends and buyer demand, the condition of your house, and more.

Not to mention, pricing your house fairly based on market conditions increases the chance you’ll have more buyers who are interested in purchasing it. This helps lead to stronger offers and a greater likelihood it’ll sell quickly.

Why You Still Have an Opportunity When You Sell Today

Rest assured, it’s still a sellers’ market, and you’ll still get great benefits if you plan accordingly and work with an agent to set your price at the current market value. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:

“Homes priced right are selling very quickly, but homes priced too high are deterring prospective buyers.”

Mike Simonsen, the Founder and CEO of Altos Research, also notes:

“We can see that demand is still there for the homes that are priced properly.”

Bottom Line

Homes priced right are selling quickly in today’s real estate market. Partner with a real estate professional to make sure you price your house based on current market conditions so you can maximize your sales potential and minimize your hassle in a shifting market.

Via: Keepingcurrentmatters

Deniz Kilic

Holistic Realtor | Astrologer | Space Clearings | House Blessings

40 SW 13TH ST., STE 101, Miami, FL 33130

Direct: (917) 703-7777

denizsellsflorida@gmail.com

www.denizsellsflorida.com

32:Td96,

September 23rd officially kicks off Libra season! This time of the year signals balance, reflection, beauty and elegance, which are just a few of Libra’s key traits. We have also entered the Autumn Equinox, which symbolizes a fresh start. And what better way to express a fresh start than sprucing up your home decor!

Adding new things will enhance your mood. Even small design and decor touches can help you find small joys throughout the year while keeping your home looking fresh and new.

Tabletops: If you have an entryway table, or in the center of your dining table, put a basket and get a candle in there, or a new floral arrangement. Vases are huge right now — traditional ones, and some that have a new, clean almost Scandinavian feel. That’s a good way to change up your table top.

Flowers: Change your floral arrangement with the seasons. Sunflowers, dahlias and pansies are my favorite for Autumn! If you have a pet and you can’t have real plants, artificial plants and leaves look so real nowadays, you could put a bouquet of fake flowers and it will look real and beautiful, and it just adds that little softness and pop to your table. Homegoods is my go to for artificial arrangements, and currently has a beautiful selection of fall themed florals that are the perfect addition to any home.

Diffusers: You don’t need to light it, you don’t need to remember to blow it out, they can go in any room, and they really fill the room with fragrance. And fragrance lifts your spirits.

Throw Pillows: There are neutral ones that would match anyone’s couch, and then there’s something with design, floral throw pillows with studs on the ends — that’s just a fun way to spice up a couch or a chair, or even your bed.

Books: Books are always a great way to spruce up a room. It’s very popular to do a stack of books, decorative books like Chanel No. 5, the coffee table book. It’s a showstopper.

You want to feel happy in your space. So add things that bring you joy!

33:T12d6,

There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall.

Opportunity #1: You Have More Options for Your Move

One of the biggest stories today is the growing supply of homes for sale. Housing inventory has been increasing since the start of the year, primarily because higher mortgage rates helped cool off the peak frenzy of buyer demand. But what you may not realize is, that actually could benefit you.

If you’re selling your house to make a move, it means you’ll have more options for your own home search. That gives you an even better chance to find a home that checks all of your boxes. So, if you’ve put off selling because you were worried about being able to find somewhere to go, know your options have improved.

Opportunity #2: The Number of Homes on the Market Is Still Low

Just remember, while data shows the number of homes for sale has increased this year, housing supply is still firmly in sellers’ market territory. To be in a balanced market where there are enough homes available to meet the pace of buyer demand, there would need to be a six months’ supply of homes. According to the latest report from the National Association of Realtors (NAR), in July, there was only a 3.3 months’ supply.

While you’ll have more options for your own home search, inventory is still low, and that means your home will still be in demand if you price it right. That’s why the most recent data from NAR also shows the average home sold in July still saw multiple offers and sold in as little as 14 days.

Opportunity #3: Your Equity Has Grown by Record Amounts

The home price appreciation the market saw over the past few years has likely given your equity (and your net worth) a considerable boost. Danielle Hale, Chief Economist at realtor.com, explains:

“Home owners trying to decide if now is the time to list their home for sale are still in a good position in many markets across the country as a decade of rising home prices gives them a substantial equity cushion . . .”

If you’ve been holding off on selling because you’re worried about how rising prices will impact your next home search, rest assured your equity can help. It may be just what you need to cover a large portion (if not all) of the down payment on your next home.

Bottom Line

If you’re thinking about selling your house this season, work with a real estate professional so you have the expert insights you need to make the best possible move today.

34:Td90,

Holistic Real Estate

What is it? I am glad you asked! When one thinks the word "holistic," they normally think of health and not home buying. But did you know that your health is actually integral in the home buying process? We all know that home buying is traditionally one of the most stressful things people go through in their lifetime. Holistic Real Estate steers buyers & sellers from a stressful state of mind towards a journey centered on peace, trust, and fulfillment. How? Through the gentle guidance of a Holistic Realtor.

Holistic Realtors do everything that a normal realtor does, just with a dash, ok, more than a dash, of wellness.

By taking a holistic approach, Holistic Realtors can recognize and guide through the interconnected aspects of a person or situation by taking the well-being of the whole person into account while building meaningful relationships.

It is not a transaction that they are after; it is a deep, personal connection to those they work with.

They are aligned so closely with their intuition and seek to help clients to do the same by focusing on their mind, body, and soul health. A Holistic Realtor is after one thing, and that's a win-win situation no matter the outcome for their clients. Their gentle yet steadfast approach gives both sellers and homebuyers the tools to confidently recognize what is for them and what never was.

How Can They Help

M I N D

Buying a home is one of the largest financial purchases/decisions of your life. There is so much that goes into it, that it can make your head spin. From procedures to inspections to state laws to statistics, it is easy to see why you can get overwhelmed. Not only will your Holistic Realtor help you navigate all of this as well as negotiations, they will serve as a mentor who will let you know when it is time to take a brain break for some self-care.

B O D Y

Did you know stress can manifest physically? It is often caused by the many unknowns of this journey. It can cause sleepless nights that will wreak havoc on the body. Not only will your Holistic Realtor help you know when to take a break, but they will guide you to trust the process by gently coaxing you to trust your intuition and listen to your body. They also will step in to help with options, inspections, and expectations along the way.

S O U L

You should feel it in your soul when something is meant for you. It should bring you undeniable joy and peace. Anything else is not meant for you. Sometimes it is hard to separate the two, so your Holistic Realtor will guide you to the right decision for you through a variety of holistic practices. They may suggest meditation, journaling, or other self-care practices based on individual client needs the realtor has learned while developing an emotional connection with the client.

I am dedicated to helping my clients find the home of their dreams while encompassing all that is holistic during their journey.

Let me know how I can help you! Whether it's buying or selling in Florida, my team and I are here to guide you in the most authentic way, making it a win-win situation all around.

35:Tf01,

There’s one big mistake you need to avoid when you sell your house this year: setting your price too high. It might seem like overpricing gives you room to negotiate or could really boost your profit, but the reality is, it usually backfires.

In fact, Realtor.com says almost 20% of sellers — that’s one in five — have to reduce their price to get their house sold. And you don’t want to be one of them. Here’s why starting too high can lead to trouble, and how to avoid it.

Overpricing Pushes Buyers Away

With mortgage rates and home prices where they are right now, buyers are already stretching their budgets to make a move. So, when they see a house that’s priced too high, they’re not thinking, “I can negotiate.” They’re more likely to think, “next” and skip over your house entirely. An article from the National Association of Realtors (NAR) explains:

“Some sellers are pricing their homes higher than ever just because they can, but this may drive away serious buyers . . .”

And if they skip over your listing, you’ll miss out on the chance to get them through the door. That’s the last thing you want because fewer showings mean fewer chances to receive an offer.

The Longer Your House Sits, the More Skeptical Buyers Will Get

Here’s the other issue. An overpriced house tends to sit on the market longer. And the longer a house lingers, the more buyers start to wonder what’s wrong with it. Is there a problem with the house itself? Are you difficult to work with? Even if the only issue is the price, that extra time creates doubt. As U.S. News says:

“. . . setting an unrealistically high price with the idea that you can come down later doesn’t work in real estate . . . A home that’s overpriced in the beginning tends to stay on the market longer, even after the price is cut, because buyers think there must be something wrong with it.”

At that point, you’ll have no choice but to lower your price to drum up interest. But that price reduction comes with its own downside: buyers may see it as another red flag, that there’s an issue with the house.

The Key To Finding the Right Price for Your House

So, what’s the secret to avoiding all these headaches? It’s simple. Work with a local real estate agent who knows the market inside and out, and who’s going to be honest with you about how you should price your house.

You don’t want to partner with someone who just agrees to whatever number you throw out there. That’s not an expert who’s going to get you the best results.

You want an agent who recommends a price based on their expertise. The right agent will use real-time data from your local market to help you land on a price that makes sense — one that grabs attention, attracts buyers, and still helps you walk away with a great return. Someone who has been there and done that – and done it well. That’s the agent you want to work with.

Bottom Line

Remember, if the price isn’t compelling, it’s not selling. Instead of shooting too high and scaring off buyers, work with a local agent who knows how to price it right.

Connect with an agent to make sure your house hits the market with the right price, gets noticed, and gets sold.

2c:["$","section",null,{"className":"my-8 lg:my-12 undefined","children":["$","div",null,{"className":"container mx-auto px-4 xl:px-64","children":[["$","$L2f",null,{"size":"big","children":"Related Stories"}],["$","$L30",null,{"stories":[{"slug":"selling-your-house-your-asking-price-matters-more-now-than-ever","title":"Selling Your House? Your Asking Price Matters More Now Than Ever","subtitle":"There’s no doubt about the fact that the housing market is slowing from the frenzy we saw in the past.","image":"https://media.pandaidx.com/app/630e6559e7ebbf1786d0c537/stories/630e8aa7e7ebbf1786d0c838/99dca9cd-a6e6-4745-b77d-816ef5637914.png","content":"$31","published":true,"featured":true,"wordCount":562,"categories":["real-estate"],"createdAt":"2022-08-30T22:09:43.337Z","_id":"630e8aa7e7ebbf1786d0c838","updatedAt":"2022-08-30T22:10:30.129Z"},{"slug":"keeping-home-decor-fresh-and-fun-during-libra-season","title":"Keeping Home Decor Fresh & Fun During Libra Season","subtitle":"We officially kick off Libra season today! This time of the year signals balance, reflection, beauty and elegance, which are...","image":"https://media.pandaidx.com/app/630e6559e7ebbf1786d0c537/stories/632dd6ed286aa6b5fe4a690d/701aa8ef-8809-45ab-818d-6ab79bb04d2c.jpg","content":"$32","published":true,"wordCount":355,"categories":["real-estate"],"createdAt":"2022-09-23T15:55:25.892Z","_id":"632dd6ed286aa6b5fe4a690d","featured":true,"updatedAt":"2022-09-23T18:04:46.248Z"},{"slug":"should-i-sell-my-house-this-year","title":"Should I Sell My House This Year?","subtitle":"There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of...","image":"https://media.pandaidx.com/app/630e6559e7ebbf1786d0c537/stories/631a246fa9de42b1ed77f9b6/5215a9c9-7738-4b1e-9497-ad3b2fad27d6.webp","content":"$33","published":true,"wordCount":478,"categories":["real-estate"],"createdAt":"2022-09-08T17:20:47.568Z","_id":"631a246fa9de42b1ed77f9b6"},{"slug":"whats-a-holistic-realtor","title":"What's a Holistic REALTOR?","subtitle":"Holistic Real Estate steers buyers & sellers from a stressful state of mind towards a journey centered on peace, trust, and fulfillment. ","image":"https://media.pandaidx.com/app/630e6559e7ebbf1786d0c537/stories/630efa25e7ebbf1786d0cd4b/a1db0cfc-1c9e-47ed-b04a-20f7c278dea1.jpg","content":"$34","published":true,"wordCount":556,"categories":["real-estate"],"createdAt":"2022-08-31T06:05:25.636Z","_id":"630efa25e7ebbf1786d0cd4b","updatedAt":"2022-09-08T17:23:16.237Z"},{"title":"If Your House’s Price Is Not Compelling, It’s Not Selling","subtitle":"There’s one big mistake you need to avoid when you sell your house this year: setting your price too high....","wordCount":568,"image":"https://media.pandaidx.com/app/630e6559e7ebbf1786d0c537/stories/67931882bf354693bb2389fd/81e960d0-9d9e-4f87-8a9e-a33bd4da5dd1.jpg","uuids":["81e960d0-9d9e-4f87-8a9e-a33bd4da5dd1"],"content":"$35","published":true,"featured":true,"categories":["real-estate"],"_id":"67931882bf354693bb2389fd","slug":"if-your-houses-price-is-not-compelling-its-not-selling","createdAt":"2025-01-24T04:35:14.267Z"}]}]]}]}]