Unlock Hidden Secrets to Home Prices Nearby

Evaluating Market Trends

Keeping an eye on market trends is crucial for anyone looking to buy or sell a home. Trends such as increasing property values, low interest rates, and shifts in buyer preferences can significantly affect home prices. For instance, during periods of low interest rates, more buyers may enter the market, driving up demand and prices. Conversely, rising interest rates can cool down the market as borrowing costs increase³.