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Category: For Sellers

    Experts Forecast a Turnaround in the Housing Market in 2023

    By Tribeca NW | February 2, 2023

    The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Read More

    Should You Rent Your House or Sell It?

    By Tribeca NW | February 1, 2023

    If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income. Read More

    Lower Mortgage Rates Are Bringing Buyers Back to the Market

    By Tribeca NW | January 31, 2023

    As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Read More

    Where Will You Go If You Sell? You Have Options.

    By Tribeca NW | January 30, 2023

    There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next. Read More

    Why You Shouldn’t Fear Today’s Foreclosure Headlines

    By Tribeca NW | January 25, 2023

    If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today. Here’s a deeper look. Read More

    Want To Sell Your House? Price It Right.

    By Tribeca NW | January 23, 2023

    Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: Read More

    What’s Really Happening with Home Prices? [INFOGRAPHIC]

    By Tribeca NW | January 20, 2023

    Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%. Read More

    A Majority of Consumers Say It’s a Good Time To Sell Your House

    By Tribeca NW | January 19, 2023

    If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order to time it just right. Read More

    Have Home Values Hit Bottom?

    By Tribeca NW | January 18, 2023

    Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. Read More

    What Past Recessions Tell Us About the Housing Market

    By Tribeca NW | January 16, 2023

    It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at Bankrate, says: Read More