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Kimberly Sprintz

ALHS, CRP
  4.95/5 View Ratings
Berkshire Hathaway HomeServices Premier Properties
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The Housing Market Update: What it means for buyers and sellers?

June 23rd, 2023



Overall, the housing market is still experiencing challenges, but there are some positive developments:

1) The slight decrease in mortgage rates may encourage potential homebuyers to enter the market.
2) The increase in homebuilder sentiment suggests that new construction may help alleviate the inventory shortage. But not everyone wants a new construction home.

Buyers: Remember that high demand may lead to fewer incentives and potentially higher prices.

Sellers: Insufficient inventory and increased demand, even marginally, lead to better conditions for listing your home.

Final thoughts:

Every buyer's situation is unique, and working with a quality mortgage professional will ensure you make the best financial decisions regarding your loan and qualify for a price range before looking for your next home. Working with a Realtor like myself can help you find a great home within your price range in an area that works for you that has a history of retaining its value. Having someone on your side while negotiating and working with contracts optimizes both sides of the process and moves you to a professional closing.

Professional marketing, advertising, photography, and prepping the home to list are all essential.

Sellers, in a fluctuating and unpredictable market, having a professional Realtor is essential to get the highest possible price for your home, making the process as hassle-free as possible and providing you with high-quality service from beginning to end. Professional marketing, advertising, photography, and prepping the home to list are all essential. I have a 25-point marketing strategy, so your home is seen by qualified buyers looking for properties like yours! Why waste time on buyers who are unqualified or not looking in your area?! Waste of time…why list without properly educating agents with buyers on the details of your home and location before they walk the property? Lost days on the market, lost time showing homes to people who don't like the area, aren't ready to buy, etc.

Having someone on your side while negotiating and working with contracts optimizes both sides of the process and moves you to a professional closing.

So when you are ready to buy or sell, call me, and let's start making the next chapter of your life in your new home the best one!

Kimberly Sprintz, B.S., Realtor ALHS CMS CRS
BHHS Premier Properties
kim4you.com
kimberly@kimberlysprintz.com


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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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Up to date and reliable information on all topics of the local real estate market in the Spring/ Woodlands area. I specialize in the neighborhoods of Augusta Pines and Auburn Lakes. I service the entire Spring/Woodlands area and have lived in the are
Berkshire Hathaway HomeServices Premier Properties
30350 FM 2978, The Woodlands, TX 77354   Get Directions
Phone: (281) 298-5777
Fax: (713) 686-3108
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