Navigating the Housing Market Shift: Are We Moving Toward a Balanced Market?
The housing market has been in the headlines for years, but is a major shift on the horizon? As inventory grows and market dynamics change, both buyers and sellers are questioning what's next. Here’s a breakdown of the trends shaping today’s real estate landscape and what they mean for you.
Is the Market Really Shifting?
Over the past couple of years, sellers have held a strong advantage in the housing market. But with inventory levels on the rise, are we heading towards a more balanced market? A balanced market typically has a 5-7 month supply of homes, where neither buyers nor sellers have a clear upper hand. Right now, nationally, we're at about a four-month supply — still a seller's market, but moving toward a more stable environment.
Mark Fleming, Chief Economist at First American, notes, “The faster housing supply increases, the more affordability improves, and the strength of a seller's market wanes.” This change means more choices for buyers and a bit more competition for sellers.
What This Means for Buyers and Sellers
- For Buyers: More homes on the market mean you have more time to find the right home and less competition. You may also face fewer waived inspections, giving you more negotiation power.
- For Sellers: Homes are staying on the market a bit longer, and fewer offers mean you need to price competitively and be prepared to negotiate on terms and repairs.
The Role of Your Real Estate Agent
Navigating a shifting market is easier with an experienced real estate agent by your side. They have the local insights and up-to-date data to help you make informed decisions, whether you’re buying or selling. Lean on their expertise to stay ahead of the curve.
Bottom Line:
The real estate market is always changing, and being informed is your best advantage. Whether you're a buyer or seller, understanding the current market dynamics can help you make smarter decisions. Got questions or need expert advice? Call me today at 800-306-1990, and let's find the best path forward for you.
For more insights and personalized advice, don't hesitate to contact me directly or visit ronsiegelradio.com. Let's turn knowledge into action.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
SUBSCRIBE:
✅ Subscribe to my YouTube channel: RonSiegel1
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
LET'S CONNECT:
Let's connect to discuss your home-buying strategy:
→ Send me a text (800) 306-1990
→ Shoot me an email: [email protected]
→ Visit my website: http://www.RonSiegelRadio.com
→ Book a free call with me: Book Now
→ Connect with me: linktr.ee/RonSiegel
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
RELATED VIDEOS:
► Check out my LATEST VIDEO that I just published!
• Uploads from Ron Siegel
► CHECK OUT THE LATEST REAL TIME REAL ESTATE:
• REAL TIME REAL ESTATE
► CHECK OUT THE LATEST MORTGAGE MINUTE:
• MORTGAGE MINUTE
► CHECK OUT THE LATEST YOUR CREDIT MATTERS:
• YOUR CREDIT MATTERS
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
OUR PROCESS:
We can help you save thousands on your next home without spending a ton of time! My team and I will customize your home financing strategy so you can quickly and efficiently get the home you are looking for at the right price. Here’s how our two-step process works:
First, we get you pre-approved so you know your options and what your buying power is. Next, we get you aligned with one of our top real estate partners who will help you negotiate the best deal on your home.
Whether you are a first time home buyer or looking to invest in your next rental property, we have helped over thousands of clients save thousands of dollars without spending a ton of time on the home-buying process. Ready to get started? Let's discuss your options.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
SOCIAL:
→ Follow me on Instagram: https://instagram.com/ronsiegel
→ Friend me on Facebook: https://facebook.com/ronsiegelradio
→ Subscribe to me on YouTube: RonSiegel1
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
TOOLS:
→ Get my FREE Homebuyers Guide: RSRHBG.COM
→ Track your home value: RSRHomeScout.COM
→ Get the latest market data for your city: RSRLISTANA.COM
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
ABOUT ME:
My name is Ron Siegel, Radio Host and Branch Manager at Geneva Financial. And I'm dedicated to helping homebuyers like you get pre-approved on your mortgages across America. Whether you're purchasing, refinancing, downsizing, buying a rental, or even your first mortgage, we got you covered. Specifically, I'm licensed in these states: California, Idaho, and Texas. Our Company is licensed in 48 States. For more licensing information, please visit https://www.genevafi.com/disclosures-...
The information contained is the viewpoint of the presenter(s). Individuals should consult their own financial representative. Geneva Financial LLC. All rights reserved. NMLS ID# 42056 (http://nmlsconsumeraccess.org). Equal Housing Opportunity. This information is not intended to be an indication of loan qualification, loan approval, commitment to lend, or offer to enter into an agreement. Loans are subject to credit and property approval. Not all customers will qualify. Information, rates, terms, and availability of programs are subject to change without notice. Not all products are available in all states or for all dollar amounts. If you are refinancing your existing loan, your total finance charges may be higher over the life of the loan. VA loans subject to VA eligibility. Other restrictions and limitations apply.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
HASHTAGS: #RonSiegelRadio #GenevaFinancial