Home Prices Are Still Rising

Inventory continues to rise, Most markets across the country 

are still seeing home prices inch up 4 percent from a year ago, although at a slower pace than in previous quarters. "The housing market in 2019 will be slightly different from what we experienced in 2018 when it comes to pricing and negotiations."

"In regards to negotiations, what was once the premise of offering 10%-15% below asking is not necessarily the case anymore, and it’s a strategy I would not recommend.

In today’s market, a truly motivated seller is less inclined to engage in the back-and-forth of a real estate transaction, and listings are priced closer to the final sale price."

Housing affordability across the country will be the key to sustained healthy growth in the housing market, 

Are you Ready to take the next step? Visit Precision Realty & Associates to get started. By speaking to a real estate professionals like Carriene Porter your will learn all you need to know about Buying or the Selling process, from A to Z. If you prefer a more personal touch, CALL 801-809-9866 today.

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