Expert Insights for Today's Sellers
Thinking of making a move this winter? Here’s what experts have to say about the market and where it’s headed so you can make a confident decision.
If you’re thinking of selling your house, you may feel some hesitation since mortgage rates are still relatively high compared to the past couple of years. Even though it’s true that rates are higher, there are other non-financial factors to consider when it comes to making a move.
"For homeowners deciding whether to make a move this year, remember that listing prices – while lower than a few months ago – remain higher than in prior years, so you’re still likely to find opportunities to cash-in on record-high levels of equity, particularly if you’ve owned your home for a longer period of time."
- Danielle Hale, Chief Economist, realtor.com
"Demographic trends are creating new buyers: There’s strong demand for homes on many fronts. Many Americans who already owned homes decided during the pandemic that they needed bigger places, especially with the rise of working from home. Millennials are a huge group and in their prime buying years."
- Jeff Ostrowski, Senior Mortgage Reporter, Bankrate
"Signs of a broader slowdown in the housing market are evident, . . . This is in line with our previous expectations and given the notable cooling of buyer demand due to higher mortgage rates. . . . Nevertheless, buyers still remain interested, which is keeping the market competitive — particularly for attractive homes that are properly priced."
- Selma Hepp, Interim Lead of the Office of the Chief Economist, CoreLogic
More Seller Resources
What's Ahead for Mortgage Rates and Home Prices?
As you plan ahead to sell your house and make your move, you may be wondering what lies ahead for mortgage rates and home prices. Here’s a look at expert insights on where both may be headed so you can make the most informed decision possible.
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