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Are Home Values Done Decreasing as the Summer of 2023 Approaches?

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Orson Hill Realty
(@orson_hill_realty)
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For Sellers:

  • If you have been hesitant to sell your home due to concerns about declining prices and its impact on your home’s value, it may be time to reconsider. The latest data indicates a favorable turn, so consider partnering with a real estate agent to list your house. You no longer have to put your plans on hold as the market is showing signs of improvement.

For Buyers:

  • If you have been waiting to purchase a home, fearing a decrease in its value, you can now find peace of mind. The outlook is positive, and buying now allows you to take advantage of the current state of prices before they potentially rise further. Additionally, homeownership often provides the opportunity for long-term value growth.

In summary:

  • Data reveals that the worst period of home price declines is already behind us, and prices are on the rise nationally.
  • Sellers can feel more confident about listing their homes, as the market is showing signs of improvement.
  • Buyers have the opportunity to make their move now, with the assurance that home prices are trending upward.
  • To stay informed about the specific trends in your local area, it’s advisable to partner with a local real estate professional who can provide expert insights.

Orson Hill Realty
30792 Southview Drive #110
Evergreen, CO 80439
303-835-9895


   
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