RISMedia
  • News
  • Premier
  • Publications
  • Events
  • Education
  • Newsmakers
  • Power Broker
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Publications
  • Events
  • Education
  • Newsmakers
  • Power Broker
No Result
View All Result
RISMedia
No Result
View All Result

So Long, Sellers: A Buyer’s Market’s on the Way

Home Industry News
January 3, 2017
Reading Time: 1 min read

The current seller’s market in real estate is expected to shift to a buyer’s market within three years, according to the October Zillow® Real Estate Market Reports. The shift will be fueled by slowing appreciation; according to the Zillow Home Value Index (ZHVI), home values have risen 6.2 percent in the last year to a median $191,200, a rate that will fall by approximately half by October 2017.

“The housing market has been favoring sellers for the past few years,” says Zillow Chief Economist Svenja Gudell. “Sellers in the current housing landscape often have the luxury of listing their home ‘as-is’ without fixing it up or with only minimal window-dressing, since demand for homes has been high and inventory low. It’s common for sellers to receive multiple bids, and, in the hottest markets, sell for over asking price, but these conditions will change in the future. As the number of homes for sale increases and home value appreciation slows, we expect the market to meaningfully swing in favor of buyers within the next two to three years.”

Experts surveyed in the latest Zillow Home Price Expectations Survey also expect the shift, either by 2018 or 2019.

For more information, please visit www.zillow.com.

For the latest real estate news and trends, bookmark RISMedia.com.

ShareTweetShare
Susanne Dwyer

Susanne Dwyer

Related Posts

Set the Mood with Luxury Home Lighting Solutions
Agents

Set the Mood with Luxury Home Lighting Solutions

May 19, 2022
Power Broker Perspectives: Taking Education to the Next Level
Agents

Power Broker Perspectives: Taking Education to the Next Level

May 19, 2022
Stand Out Online With .realtor™ and .realestate
Agents

Stand Out Online With .realtor™ and .realestate

May 19, 2022
How to Know If Someone Died in the Home You Want to Purchase
Agents

How to Know If Someone Died in the Home You Want to Purchase

May 19, 2022
OneKey MLS names Down Payment Resource as Designated Provider of Down Payment Assistance Tools
Agents

OneKey MLS names Down Payment Resource as Designated Provider of Down Payment Assistance Tools

May 19, 2022
Nashville Firm Worth Properties Joins Corcoran Reverie
Agents

Nashville Firm Worth Properties Joins Corcoran Reverie

May 19, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tip of the Day

Digital Privacy is a Growing Concern

According to a Pew Research study, half of Americans have decided against using a product solely due to privacy concerns.... Learn more.

Business Tip of the Day provided by
REGISTER NOW

Recent Posts

  • Set the Mood with Luxury Home Lighting Solutions
  • Power Broker Perspectives: Taking Education to the Next Level
  • Stand Out Online With .realtor™ and .realestate

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kitt Email Whitelist Terms & Policies

© 2022 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2022 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.