Spencer Arnold - Equity Real Estate - Solid

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Real Estate Hustle without the Hassle
Equity Real Estate - Spencer Arnold - Equity Real Estate - Solid
www.spencersellsrealtyutah.com
801-550-9064

Spencer Arnold | "Real Estate Hustle without the Hassle!" As a Real Estate Professional, I work diligently, with complete transparency, honesty, and integrity. They are key to my business practice. As a native of Utah, I bring to the table value of knowing the areas and market. I respond to my clients, but not over-the-top annoyance. I get the job done. Do...

Hiring a Pro to sell your home is critical for a successful transaction.

If You’re Selling Your House This Summer, Hiring a Pro Is Critical It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own.

Preparing your home for resale can be a daunting task. Here are some tips to help you get your home ready to sale!

Spencer Arnold
Realtor/Sales Agent
EQUITY REAL ESTATE - SOLID
M: 801-550-9064
O: 800-785-9995
Email: [email protected]
Real Estate Hustle without the Hassle
Coldwell Banker Realty
www.spencersellsutah.com
801-550-9064

Expert-Approved Tips for Prepping a Home That'll Sell Fast Experts weigh in on what you need to do to make a good impression on potential home buyers and get your home sold—fast!

| Simplifying The Market with Spencer!

Should I Buy a Home Right Now?
Wednesday July 13th, 2022 First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision.

The Future of Home Price Appreciation
Each quarter, Pulsenomics surveys a national panel of over 100 economists, real estate experts, and investment and market strategists to compile projections for the future of home price appreciation. The output is the Home Price Expectation Survey. In the latest release, it forecasts home prices will continue appreciating over the next five years (see graph below):

As the graph shows, the rate of appreciation will moderate over the next few years as the market shifts away from the unsustainable pace it saw during the pandemic. After this year, experts project home price appreciation will continue, but at levels that are more typical for the market. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:

“People should not anticipate another double-digit price appreciation. Those days are over. . . . We may return to more normal price appreciation of 4%, 5% a year.”

For you, that ongoing appreciation should give you peace of mind your investment in homeownership is worthwhile because you’re buying an asset that’s projected to grow in value in the years ahead.

What Does That Mean for You?
To give you an idea of how this could impact your net worth, here’s how a typical home could grow in value over the next few years using the expert price appreciation projections from the Pulsenomics survey mentioned above (see graph below):
As the graph conveys, even at a more typical pace of appreciation, you still stand to make significant equity gains as your home grows in value. That’s what’s at stake if you delay your plans.

Bottom Line
If you’re ready to become a homeowner, know that buying today can set you up for long-term success as your asset’s value (and your own net worth) is projected to grow with the ongoing home price appreciation. Let’s connect to begin your homebuying process today.

Should I Buy a Home Right Now? If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision.