1. Overpricing
It turns off buyers and the home might sit out longer on the market without an offer. 
2. Not addressing repairs
With a little care, one can manage to present their home nicely and land a series of offers. 
2. Not addressing repairs
With a little care, one can manage to present their home nicely and land a series of offers.

4 mistakes to elude while selling your house

4 Mistakes to Avoid While Selling Your Home

Mortgage rates > 2X in 2022, going over 7% threshold and hitting a 20-Yr high in late Oct.Yet, mortgage rates ↓ for the 2nd week in a row, with the 30-Yr  fixed-rate mortgage averaging 6.58% in the week ending Nov 2.
So is this enough of a break to bring out more homebuyers?

Will plunging loan rates spark a new homebuying rush?

Will plunging mortgage rates spark a new homebuying rush?

Largest US  metros saw impressive levels of Real Estate development over the past decade in both residential and commercial sectors.
Texan metros were at the forefront of Real Estate development over the past decade, with Dallas ranking 1st and Houston 2nd.
Top 10 US construction markets:

Dallas
Houston
New York
Phoenix
Atlanta

Most active markets for construction in the past decade

Most active markets for new construction in the past decade

In case of refinancing, contact the current lender to see if they can offer better terms.
One can also get a mortgage through banks, credit unions and many online lenders.
Compare rates with multiple lenders as well as the total cost of the loan, including fees.
Make sure the monthly payments aren’t too high.

How to apply for a 10-year loan

How to Apply for a 10-Year Mortgage

One might consider sticking with a longer-duration mortgage and paying extra each month with 10-yr mortgage.
This is because the monthly payment on a 10-yr mortgage will be significantly higher than others.
One can pay more toward your mortgage principal with every payment.
One can also opt to make bi-weekly mortgage payments.

How to pay off a loan in 10 years

How to Pay Off a Mortgage in 10 Years

Home buyers hoping that 2023 will deliver falling home prices will be out of luck.
The median home price nationwide is expected to tick up 5.4% next year.
Avg mortgage rates are forecast to hover ~7.4%; and the typical monthly mortgage payment will be $2,430, ↑ ~ 28% yearly.
But buyers can expect far less competition for a growing number of homes for sale.

Hunters hoping for steep value cuts next year are out of luck

Hunters Hoping for Steep Price Cuts Next Year Are out of Luck

El mercado de la vivienda en Estados Unidos está tan caldeado que los compradores firman contratos sin prestarle la menor atención.
Los compradores no tienen tiempo para contemplaciones porque, si no se comprometen rápidamente, perderán la transacción a manos de otro postor.
Los que no pueden hacer frente a los pagos de su hipoteca están vendiendo rápidamente para evitar la ejecución hipotecaria.
Algunas personas se están reduciendo a una sola casa, incluidos los "snowbirds" que venden sus segundas propiedades.

Las Casas se Venden tan Rápido que los Compradores no Tienen Tiempo de Analizar

Investors are uprooting from pandemic boomtowns due to the dual threats of high inflation and declining home prices.
So, experts believe homebuyers will face less competition from cash-rich investors going forward.
Investor activity in Q3:

Phoenix ↓ 49%
Portland ↓ 47%
Las Vegas ↓ 45%
Investors may not return to the market in the near future not be at risk of losing money.

Regular homebuyers in pandemic boomtowns stand a chance

If you’d prefer lower monthly payments, a conventional loan with a longer term, such as 15 or 30 years, could be a good choice.
These loans generally come with higher interest rates, which means you’ll pay more in interest over time.
You could also consider a loan backed by the FHA, USDA or VA.
FHA and USDA loans are generally geared toward borrowers with lower incomes and credit scores as well as first-time homebuyers.

Alternatives to a 10-year loan

Alternatives to a 10-year Mortgage

The avg months of supply in Raleigh is ~1.
Raleigh has an avg DOM of 25.2.72.5% of homes in Raleigh were sold above the asking price.The median sale price in Raleigh is ~$410K.

Raleigh has 20th least inventory among US large cities

Fed officials say they will be using hard economic data to make their next decision.
That means key housing, labor, and inflation reports will likely have outsized effects on the market.
The labor market:  
If job reports show a downward trajectory in employment, that could be enough to placate Fed officials.
Inflation data:
Two major indexes that measure the pace of inflation is ahead of the next Federal Reserve meeting.
1. The Consumer Price Index (CPI), tracks changes in the prices of a fixed set of goods and services.
2. Personal Consumption Expenditures (PCE) which reflects changes in the prices of goods and services.

What data will Fed officials use to make their next decision?

What Data Will Fed Officials Use to Make Their Next Decision?

The Sunshine State home prices in Oct ↑ 29.4% yearly, from $266K to an avg of $348K.
Hawaii ranked 2nd, with values ↑ an avg of 27.3% yearly from $667K to $846K.
Coming in 3rd place is Montana, with homes value ↑ 26% yearly from $358K to $457K.
Other top housing markets for home value gains:

Arizona
Tennessee
Colorado
South Carolina
Utah
North Carolina
Nevada

Localized Real Estate Videos
to Win Leads using Raleigh real estate Social Media Content

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4 Mistakes to Avoid While Selling Your Home

Will plunging mortgage rates spark a new homebuying rush?

Most active markets for new construction in the past decade

How to Apply for a 10-Year Mortgage

How to Pay Off a Mortgage in 10 Years

Hunters Hoping for Steep Price Cuts Next Year Are out of Luck

Las Casas se Venden tan Rápido que los Compradores no Tienen Tiempo de Analizar

Regular homebuyers in pandemic boomtowns stand a chance

Alternatives to a 10-year Mortgage

Raleigh has 20th least inventory among US large cities

What Data Will Fed Officials Use to Make Their Next Decision?

Top US Housing Markets for Home Value Gains in 2022

Localized Real Estate Videos to Win Leads using Raleigh real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready Real Estate Videos

4 Mistakes to Avoid While Selling Your Home

Will plunging mortgage rates spark a new homebuying rush?

Most active markets for new construction in the past decade

How to Apply for a 10-Year Mortgage

How to Pay Off a Mortgage in 10 Years

Hunters Hoping for Steep Price Cuts Next Year Are out of Luck

Las Casas se Venden tan Rápido que los Compradores no Tienen Tiempo de Analizar

Regular homebuyers in pandemic boomtowns stand a chance

Alternatives to a 10-year Mortgage

Raleigh has 20th least inventory among US large cities

What Data Will Fed Officials Use to Make Their Next Decision?

Top US Housing Markets for Home Value Gains in 2022

Localized Real Estate Videos
to Win Leads using Raleigh real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready
Real Estate Videos