According to this article published by Zillow, "For more than a year, Zillow homeowner surveys have shown an elevated share of homeowners expecting to sell in the next three years.
We're finally beginning to see owners who have been putting off moves return to the market," said Skylar Olsen, chief economist at Zillow. "For many households with record-high equity, waiting out potentially lower rates later in the year may not be worth it."
Consequently, according to the article, this means: “Buyers are seeing more choices on the market, which should help spur sales this spring.”
Spring Housing Market Could Transform Buyer and Seller Dynamics
Realtor.com is echoing the sentiment that this should be a good spring for home sales:
“Where we are right now is the best of both worlds. Price increases are slowing, which is good for buyers, and prices are still relatively high, which is good for sellers,” says Realtor.com® Chief Economist Danielle Hale.
And ATTOM’s market research will help you sort out the hottest markets to focus on right now, as this article lists the top 10 U.S. counties in which to purchase single-family rentals. What’s more, according to this piece, “ATTOM’s newly released Q1 2024 Single-Family Rental Market Report … [says that] landlords are experiencing rising investment returns due to rents increasing slightly faster than home prices in most parts of the country.”
In short, now is a great time to start scouring the listings to find your next investment opportunity. And if you qualify, the 100% financing opportunity from RFG means that you may even be able to afford to work on several properties simultaneously.
Richard undertook an extensive rehab project on a distressed property, starting from scratch with the kitchen and bathroom. He transformed a modest 3-bedroom/1-bath home into a stunning 4-bedroom/2-bath by finishing the attic. Despite challenges like cost overruns and delays, his improvements paid off handsomely, resulting in a quick and profitable sale.
