Tag: market recovery

September 21, 2022 Off

Selling Your Home in Uncertain Times: Expert Advice

By The Admiral Staff

Amidst pandemic-related economic uncertainty, many homeowners are questioning whether to sell. Real estate experts advise managing expectations regarding price (potentially a 5% discount), preparing for longer market times (especially for higher-priced homes due to jumbo mortgage challenges), and embracing a “virtual” sales process with virtual showings and closings. If a home is already listed, experts recommend staying put to potentially benefit from a market recovery and beat future inventory surges. Proactive steps like decluttering and home improvements can