Does it Make Sense to List My Home This Year!

Inventory levels are still low compared to historical averages and it's still expected to be a seller's market.

The recent mortgage rate drop increases buyers’ purchasing power and will likely motivate buyers who've been waiting on the sidelines to enter the market.

The median home price in the U.S. sits around $430K but economic research suggests that, on average, home prices increase by 5 to 10 percentage points for every 1 percentage point decrease in interest rates.

Of course, local factors will have a big influence on these predictions. (FRED, Sept 2024)

Reach out to me with your location and neighborhood and we can assess if stepping into the market makes sense for you.

Want to know what your home is worth? Click the following link for a free estimate-  https://www.meghansnead.com/what-is-my-home-worth

Meghan Snead KW Bartlesville