Whether you're looking to buy or sell a home in 2018 – or find the perfect rental – it helps to know what you're up against. Experts saytiming will be paramount for homebuyersin the coming months, while sellers will likely have an easier time making a successful deal. Meanwhile, renters may find more amenities and negotiating power.
Here’s what to expect from the housing market in 2018.
Buying and Selling
With tight seller's markets being the leading narrative on homebuying over the past few years, Americans are unsure about their ability to buy a home, according to a recentsurveyof 2,000 adults published by real estate information company Trulia earlier this month. Just 25 percent of respondents believe 2018 will be a better time to buy a home than 2017, according to the report.
These attitudes have been pervasive for years and are beginning to wane on homebuyer enthusiasm. High rents hinder would-be first-time buyers'ability to save, while interest rates are expected to rise and home prices continue to swell in midlevel housing throughout the U.S
Author:Latoya Robinson Phone: 843-557-7291 Dated: February 19th 2018 Views: 18 About Latoya: ...
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