On the fence about buying a home in this market?

Hey, y'all! My name is Tiffany Tennyson & I'm a Realtor with Signature Choice Realty. Are you looking to buy or sell a home but are iffy due to today's rising home prices? & while this increase in home values may be great news for sellers, you might be wondering what the future holds for you. Will prices continue to rise w time, or should we expect them to fall? First, let's go over some terms: -Appreciation: is an increase in the value of an asset -Depreciation: is a decrease in the value of an asset; and -Deceleration: is when something happens at a slower pace As you've noted home prices have increased, or appreciated, for 114 straight months. Y'all that is bananassssss! Let's look to the experts to see if this trend is gonna continue..

Pulsemonics surveyed over 100 economists, investments strategists, and housing market analysts asking for their 5 yr projections. They say the market may see some slight deceleration, but not depreciation. Over 100 experts agree, there is no expectation for price depreciation. So what does Deceleration mean to you? If you're a buyer, don't expect a sudden or drastic drop in home prices- experts say it won't happen. Instead, think about your homeownership goals and consider purchasing a home before prices rise further. If you're a seller, the continued home appreciation is good news for the value of your house.

Work with an agent, like me :), to list your house for the right price based on the market conditions.


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