Home Values In 100 Cities
Kiplinger's Personal Finance|March 2019

Prices will continue rising, but more slowly, as the housing market regains some balance between buyers and sellers.

Patricia Mertz Esswein
Home Values In 100 Cities

Potential sellers take note: You may not have the upper hand in negotiating, even with first-time buyers. Witness Robert Ruppelt, 35, and his fiancée, Sara Shultz, 32, who were recently looking to buy a first home in Tampa. The couple made an offer on a four-bedroom, two-bath home that had been listed at $255,000 but was relisted at $248,000 after a price reduction. The couple countered twice with offers of $232,000 and $238,000, both of which were rejected. So Ruppelt and Shultz walked away. // “We wanted to feel we were getting a deal. We knew we’d be fine if we didn’t get that one, and we didn’t feel a need to rush,” says Ruppelt. Ultimately, they settled on a new home that will be completed this summer for about $265,000. It will cost more than the other house, but the couple like that the home will be brand new and they can pick the flooring and paint colors.

Home prices nationwide started to soften in mid 2018. No one expects them to dive; rather, prices will continue rising but more gradually as the housing market regains a bit of balance between buyers and sellers and reverts to long-term trends.

Carl Medford, a real estate agent who works in Oakland and San Jose, Calif., says that when the market began to shift, buyers figured it out immediately and began to sort into two groups: those who think, Why buy now when we can buy in six months for less? and those who started throwing lowball offers. But sellers can take months to get the memo. “It rocks their worlds, because we’ve had a seven and-a-half-year romp,” says Medford.

Diese Geschichte stammt aus der March 2019-Ausgabe von Kiplinger's Personal Finance.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der March 2019-Ausgabe von Kiplinger's Personal Finance.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS KIPLINGER'S PERSONAL FINANCEAlle anzeigen
MAKING A DIFFERENCE IN THE LIVES OF DISABLED VETERANS
Kiplinger's Personal Finance

MAKING A DIFFERENCE IN THE LIVES OF DISABLED VETERANS

He suffered grave injuries in the line of duty. Now he helps other veterans who have disabilities.

time-read
2 Minuten  |
November 2024
DO YOU NEED UMBRELLA INSURANCE?
Kiplinger's Personal Finance

DO YOU NEED UMBRELLA INSURANCE?

A policy can protect you from financially devastating events.

time-read
2 Minuten  |
November 2024
Navigating Finances as a Blended Family
Kiplinger's Personal Finance

Navigating Finances as a Blended Family

Money matters can get complicated when two families unite. Planning is key.

time-read
4 Minuten  |
November 2024
BREAKING UP WITH YOUR BROKER
Kiplinger's Personal Finance

BREAKING UP WITH YOUR BROKER

Be aware of these challenges when you move your money to a new home.

time-read
5 Minuten  |
November 2024
CHOOSE A MEDICARE PLAN THAT'S RIGHT FOR YOU
Kiplinger's Personal Finance

CHOOSE A MEDICARE PLAN THAT'S RIGHT FOR YOU

Consider your health care needs over the long term as you weigh costs and coverage.

time-read
9 Minuten  |
November 2024
Keep Faith in These Stocks
Kiplinger's Personal Finance

Keep Faith in These Stocks

IN 1997, I coined the phrase “faith-based investing.” It has nothing to do with religion or with picking stocks at random.

time-read
5 Minuten  |
November 2024
OUR ESG PICKS ARE THRIVING
Kiplinger's Personal Finance

OUR ESG PICKS ARE THRIVING

Despite an ongoing backlash, our favorite stocks and funds focused on environmental, social and corporate governance issues had a good year overall.

time-read
9 Minuten  |
November 2024
MONEY MANNERS FOR THE MODERN AGE
Kiplinger's Personal Finance

MONEY MANNERS FOR THE MODERN AGE

The customs for splitting a restaurant check, purchasing a wedding gift, tipping and more have evolved. These guidelines can help.

time-read
8 Minuten  |
November 2024
ELECTION 2024: POLITICS AND YOUR PORTFOLIO
Kiplinger's Personal Finance

ELECTION 2024: POLITICS AND YOUR PORTFOLIO

Who wins the White House matters—but only at the margins when it comes to your investments.

time-read
2 Minuten  |
November 2024
YOUR GUIDE TO OPEN ENROLLMENT
Kiplinger's Personal Finance

YOUR GUIDE TO OPEN ENROLLMENT

With health care costs on the rise, it’s critical to select a plan that fits your needs at the right price.

time-read
7 Minuten  |
November 2024