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Home prices are sliding and homes sales are up. Here's what to know.

By Eric Sterling
Published in Financial Planning
March 21, 2023
1 min read
Home prices are sliding and homes sales are up. Here's what to know.

Have you been wanting to purchase your dream home but have been holding back due to the high prices? Well, there’s good news! According to a recent article titled “Home prices are sliding and home sales are up. Here’s what to know,” by CNBC, home prices are finally declining while home sales are up.

In summary, the article states that while the pandemic initially caused a dip in the housing market, the market has bounced back and is now experiencing an increase in sales. Simultaneously, home prices are beginning to decrease, making it a better time for potential buyers to enter the market. Additionally, low interest rates are enticing buyers to make a purchase now rather than waiting for later.

As someone who has been considering purchasing a home, this article caught my attention as it provides helpful insight into the current state of the housing market. It’s reassuring to know that home prices are starting to drop, and with the increase in home sales and low interest rates, it may be a good time for potential buyers to take advantage of the current market conditions.

Overall, the article emphasizes the importance of staying informed about the housing market, as it can greatly affect your financial decisions. It’s important to keep up with current trends and make informed decisions when it comes to investments such as buying a home.


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