How do you price your home in a shifting market? This mid-October, if you’ve been listening to the news, you likely already know that the Federal Reserve has been increasing rates. We’ve seen prices decreasing and the number of sales going down, which has led to many people wondering how to price their homes in this changing environment.
The secret to pricing your home correctly in this market is to do a Market Absorption Rate Calculation. This is what tells you how fast the market is trending up or down, and we have a proprietary strategy for pricing a home based on that absorption rate. This helps to maximize the sale price and get the most amount of equity out of a home without chasing the market down.
We’d be happy to run this calculation for your home; just call or email us, and we’ll get started. We hope you found this helpful!
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