Cedrick Bell - Realty One Group

What Buyers & Sellers Need to Know
Sellers:

With the exception of the luxury market, home values have started to decline. The ever-increasing
number of listings entering the market and interest rate volatility is keeping demand lower than usual.
You MUST price correctly upfront. Your home is no longer worth what comps sold for 6 months ago. Price
reductions will be common, staging is expected, repairs will be requested, and concessions will be
normal. Want to sell in this market? Be the best looking home for the best price. Period.

Buyers:

If you are waiting for the interest rates to drop before you a buy a home, you may want to reconsider
that strategy. While you have been waiting to save a few hundred dollars per month, the average sales
price of homes has gone up $100,000 since 2021. You have more choices as active inventory steadily
increases, and most sellers are willing to negotiate on costs and offer rate buy-downs. Remember that a
home is long-term investment, and don’t lose sight of that based on short-term market changes.

https://cedrick.loyaltyhomegroup.com/

cedrick.loyaltyhomegroup.com

https://my.flexmls.com/cedrick_bell/search/shared_links/AqyQt/listings/20240719141746658931000000

|

https://www.flexmls.com/share/AlMbL/226-N-56TH-PL-Mesa-AZ-85205

226 N 56TH PL, Mesa, AZ 85205

The social construct is being broken

TikTok · Freddie Smith 40.4K likes, 1744 comments. “ Millennials and Gen Z are doing worse than our parents in their 30s 😔”

https://cedric.loyaltyhomegroup.com/?fbclid=IwZXh0bgNhZW0CMTEAAR0t4H_lKb66tbE9kRNU7lSE24P0p3hT0YLaOgxmRwE-q9b-WzX_GWVFOKQ_aem_B536c_L8JTqYNvYRb54vyA

Real Estate - Cedric Bell - Loyalty Home Group | eXp Realty Browse new real estate properties and homes for sale on Cedric Bell’s website! View the latest available house listings!

https://cedric.loyaltyhomegroup.com/

Real Estate - Cedric Bell - Loyalty Home Group | eXp Realty Browse new real estate properties and homes for sale on Cedric Bell’s website! View the latest available house listings!

I have reached 300 followers! Thank you for your continued support. I could not have done it without each of you. 🙏🤗🎉

https://www.cnn.com/2023/08/25/homes/zillow-low-down-payment-loan/index.html

Zillow to offer a 1% down payment loan program | CNN Business For buyers facing affordability challenges getting into a home of their own, Zillow Home Loans is rolling out a new option: a 1% down payment.