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3 Questions You May Be Asking About Selling Your House

Three questions you may be asking about selling your home

1. Should I wait to sell?

Even though there are more homes for sale today than there were at this time last year, inventory is still low.
 
That means it’s still a sellers’ market.

Chart comparing housing inventory levels for buyer's, neutral, and sellers' markets, with September 2021 and 2022 figures.
Inventory is still LOW = It is still a Seller’s Market

2. Are buyers still out there?

While moderating compared to the frenzy in 2020 and 2021, showing activity (an indicator of buyer demand) is moving back toward pre-pandemic levels.

Bar chart of showing index values from 2017 to 2022, peaking at 192 in 2020.

3. Can I afford my next home?

Homeowners have gained significant equity over the past few years.

You can use that equity to help power your next move.

“The total average equity per borrower has now reached almost $300,000, the highest in the data series.” -CoreLogic
So you can take advantage of the opportunities you still have in the Housing Market Today.

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With a wealth of expertise in luxury homes, golf communities, land and lot sales, land development, investment properties, and commercial ventures, Desert Cities Home is your go-to resource in the Greater Palm Springs Area. Don't wait – get in touch with us now and let us expertly guide you through your buying or selling journey in the Desert. Make your next real estate move with confidence; Desert Cities Home is here to guide you.

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