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Housing Market 2023: 4 Predictions for Winter, According to Experts

Housing Market 2023: 4 Predictions for Winter, According to Experts
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Yahoo Finance Logo Color
Publication Date
2023-11-22T00:00
News Author
Cynthia Measom
Summary
Chris Hock, real estate expert and general contractor at Earth Saving Solutions, offers key insights into how the winter housing market presents both challenges and advantages. For buyers, colder months typically mean reduced competition and more room for negotiation, as motivated sellers may be eager to close quickly. However, inventory tends to be lower, requiring flexibility. For sellers, fewer listings can help well-priced and well-maintained homes stand out, but showcasing a home during winter can be harder due to weather conditions and shorter days. Hock emphasizes the importance of handling inspection items proactively and pricing properties strategically for success in the winter market.
Source
Yahoo! Finance
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