It is so much better now, economically speaking, than in the previous six years combined. Gas prices are approaching its lowest in a decade, money is valuable again, and it’s possible to live cheaply once more. This is what it looks like for most average Americans, and considering how much they suffered recently, it’s nice to have stability for once.
Now that there is more money being freed lately, it is also the perfect time to sell that house. It’s not that simple, however, and just because people are less adamant about spending now doesn’t mean properties will sell like hotcakes. Nevertheless, Beehiverealestate.com says to get a flat fee on a multi real estate listing to get maximum exposure.
Basing on a Housing Trend
There’s this thing called housing cycle, anyone planning to sell their car could benefit vastly from knowing a few details about a recurring real estate trend. It has four phases, and considering real estate is an international concern, property cycles can be a sign of impending doom or a ray of light. Predicting the future notwithstanding, the four categories are recovery, expansion, hypersupply, and recession.
As many would notice, real estate is in the recovery phase. Still, real estate prices are already at a premium, so anyone who will sell will certainly get a handsome profit. The entire cycle usually lasts for 18 years, and it’s never too soon to put it up on listings. When it gets to hypersupply, though, there is a big chance that competition will increase and drive prices down.
Real Estate in 2016
Every year, new trends dominate real estate. Any seller should pay attention, if they are selling their house to the highest bidder. Primarily, housing experts see 2016 as the year the industry returns to normalcy. They expect everything to balance out, from the price rise to amounts of houses going on sale.
The more surprising trend this coming 2016 is that millennials will lead the line when buying houses. They are the age group that led last year’s sales, and they will play more prominent roles this time. Who knew that the baby boomers called hopeless are now buying houses. The way financial experts have put them down, this is a cause for celebration.
It’s going to be a buyer’s market, and that’s for sure. Furthermore, it’s better to be ready and visible before anybody does. After all, early birds get the early sale.