Don’t Panic About the Market

Northeastern Ohio Podcast with Michael Kaim

You may have heard dire news about the real estate market, but it’s not as desperate as you may have been told.

Looking to buy a Home in Northeast Ohio? Search all Northeast Ohio homes for sale.

Selling Your Home in Northeast Ohio? Use our home evaluation tool.

What does the future hold for buyers and sellers in our real estate market? Recently, you may have heard that the sky is falling, but it’s not. On the contrary, the future's still bright. Unfortunately, we do expect a housing shortage, and that will cause housing prices to continue to rise throughout 2020. We expect appreciation rates to be around 5%, which is a slight drop compared to what we’ve seen in previous years.
The beginning of the year is when people tend to think about their goals and these sometimes include real estate. It’s always good to be as prepared as possible for when it’s time to pull the trigger. If you plan on selling in April or May, you should start fixing things up around the house now so you don’t have to do it all at once right before listing. If you’re considering buying soon, talk to a lender now. It never hurts to be prepared.
If you have any questions about real estate, don’t hesitate to give me a call or send an email. I look forward to hearing from you soon.