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REALTOR® Laura Sellers, Auburn, ALREALTOR® Laura Sellers, Auburn, AL

Everything you need to know about buying or selling a home or condo in the Auburn-Opelika, AL area!

LauraSellers01@Gmail.com
334-332-7263 Direct

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Homebuyers Catch a Break

Homebuyers Catch a Break

Getting ready for a move? Be sure to look up commute times; healthcare and fitness; public transportation; housing costs; and job growth. Then contact me with any questions so I can assist you in the moving process to make it as seamless and stress-free as possible!

If you’ve been discouraged about buying a home because the housing market is too competitive, you’ll like the latest 2022 forecast update from Realtor.com.

Inflation, higher home prices and higher mortgage rates are impacting affordability, which caused many homebuyers to move to the sidelines. In April 2022, existing home sales dropped 2.4% from March, and 5.9% year-over-year, partly due to mortgage interest rates crossing 5% for the first time in decades. Meanwhile, home prices in April rose 14.8%.

Home sellers are responding by putting more homes on the market in an effort to cash in before prices possibly begin to fall. Active listings, or homes listed for sale, are anticipated to grow 15% year-over-year in the second half of 2022. Home builders are stepping up production, too by about 5%, so buyers will have more inventory to choose from. Home sellers will have to become more competitive which will invite wait-and-see homebuyers back into the market. Housing sales volume for 2022 should be the second-highest in 15 years, even though a decline of 6.7% from 2021 is anticipated.

With unemployment rate near 50-year lows, wage growth should rise 3.8%, and flexibility to work remotely, even out of state, will continue. First quarter data showed that 40.5% of Realtor.com® home shoppers viewed listings located outside of their current state, up from 33.4% in 2020.

That said, affordability will remain an issue for many homebuyers as home sales prices rise 6.6% and mortgage rates reach 5.5% by the end of the year.

Berkshire Hathaway HomeServices Preferred Real Estate, Best Auburn Realtors, Best Opelika Realtors, Relocate to Auburn, Move to Auburn, Homes for sale in Auburn, Homes for Sale near me, Houses for Sale Opelika, Luxury Homes for Sale Auburn

www.AuburnOpelikaALRealEstate.com

Homebuyers in Auburn AL Catch at Break
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Laura Sellers
EXPERT IN AUBURN-OPELIKA, AL REAL ESTATE SERVICES If you are buying or selling property in the Auburn - Opelika, AL area, I will provide you with the service that you need. I work at the #1 real estate company in Auburn's #1 office. Please contact me today!
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Posted in: Uncategorized Tagged: berkshire hathaway homeservices preferred real estate, best auburn realtors, best opelika realtors, homes for sale in auburn, homes for sale near me, Houses for Sale Opelika, luxury homes for sale auburn, move to auburn, relocate to auburn, zillow auburn, zillow opelika

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REALTOR® Laura Sellers, Auburn, AL

334-332-7263 Direct
LauraSellers01@Gmail.com



1810 E Glenn Ave., Suite 100
Auburn, AL 36830



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    • Aerospace & Advanced STEM Faculty – Auburn University Relocation Guide
    • School of Forestry & Wildlife Sciences – Auburn University Relocation Guide
    • College of Agriculture – Auburn University Relocation Guide
    • College of Architecture, Design & Construction – Auburn University Relocation Guide
    • College of Human Sciences – Auburn University Relocation Guide
    • College of Liberal Arts – Auburn University Relocation Guide
    • School of Nursing – Auburn University Relocation Guide
    • College of Education – Auburn University Relocation Guide
    • College of Sciences and Mathematics (COSAM) – Auburn University Relocation Guide
    • College of Veterinary Medicine – Auburn University Relocation Guide
    • College of Engineering – AU Faculty & Staff Relocation
    • Harbert College of Business – Relocation Guide for AU

Auburn Real Estate

Did you know the hottest homes for sale in Auburn often sell within days of being listed? Don't miss out! Set up your own custom property alert so you can be notified of the newest homes as they hit the market! Simply click the button below and choose the qualities that you want most in a home and save your search to start getting alerts today!

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As a local Auburn Realtor I also have access to homes before they hit the market and can show you more homes and information that are only accessible in the MLS. If you would like to set up a time to go over your real estate needs, please free to contact me at your convenience. There is no obligation and or pressure... I hope to hear from you!

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