Home Pricing: Make the Most of Selling One of Your Biggest Assets

 

The U.S. housing market, marked by a series of ebbs and flows, is currently experiencing a modest recovery. According to the latest S&P CoreLogic Case-Shiller US National Home Price Index, home prices, which rose by 0.4% in March 2023, are being nudged upwards by a scarcity of inventory, as fewer homes are listed for sale, thus driving up demand and prices. This low supply, coupled with stabilizing mortgage rates, has intensified competition among potential buyers, affecting home pricing and overall market affordability.

Though national home prices are growing at a minimal rate year-over-year, regional disparities exist. Miami and Chicago have seen notable growth, while other areas like Seattle and San Francisco are experiencing a decline, highlighting the geographical variance in this recovery.

The future of the housing market, however, lies in the balance of economic uncertainties like Federal Reserve policies and debt ceiling negotiations. Amid this volatile environment, home sellers are advised to strategically position their properties. Making homes appealing, setting competitive prices, and synchronizing marketing efforts are essential tactics for successful sales in this challenging climate.

Rob Jensen, a veteran real estate broker and owner of Rob Jensen Company, offers some insights into pricing your home competitively – and profitably.

Rob’s Thoughts:

“There are three factors that contribute to you selling your home for the highest price possible. Everybody loves new stuff, so the more your home looks, feels, and smells clean, the better. Whether that’s carpet, paint, staging, or just a deep clean. Price your home competitively. This will drive up interest, demand, and hopefully multiple offers. If you overprice your home, you run the risk of sitting there with little to no interest. And be sure and launch all of your marketing on the same day. This allows out-of-state buyers to feel comfortable making an offer, which drives up demand and your sales price.”

Follow us on social media for the latest updates in B2B!

Image

Latest

AMAG Technology
AMAG Technology: Control, Reliability, and Customer-First Supply Chain Excellence
April 2, 2025

At AMAG Technology, being customer-obsessed goes beyond a mindset—it’s built into every part of the operation. One of the company’s greatest strengths lies in its ability to manufacture its own products, offering a level of supply chain control that few competitors can match. Allan Price, Head of Global Supply Chain at AMAG, emphasizes how this…

Read More
visitor management solution
Reinventing Visitor Management Solution with Symmetry GUEST
April 2, 2025

In an age where speed and security are paramount, the traditional paper logbook is becoming a relic of the past. AMAG Technology’s Symmetry Guest system offers a modern, digital solution that redefines the way organizations welcome and manage visitors. Gone are the days of long lines and confusion at the front desk—Symmetry Guest empowers hosts…

Read More
AMAG
Driven by Customers, Defined by Innovation: Inside AMAG’s Customer-Obsessed Approach
April 2, 2025

AMAG Technology continues to strengthen its customer-obsessed culture by actively listening to both internal and external voices. As shared by Kyle Gordon, Executive Vice President of Global Sales, Marketing, & Commercial Excellence, the company is focused on improving processes, responding with speed, and driving innovation—while honoring its legacy and delivering unique value within the industry.

Read More
biotech
Biotech Moves Smarter: IDDI Powers Data-Driven Drug Innovation
April 2, 2025

As biotech innovation accelerates, small and mid-size pharmaceutical companies are becoming key players in bringing new treatments to market. Yet many of these organizations face steep challenges when navigating clinical trial design, regulatory approval, and data integrity. According to a McKinsey Global Institute report, industries like biotech could help generate up to $50 trillion…

Read More