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2 Things Sellers Need To Know This Spring in Los Angeles and Beverly Hills, CA

2 Things Sellers Need To Know This Spring in Los Angeles and Beverly Hills, CA

By Christophe Choo Posted Mar 08, 2023 Beverly Hills, Latest Updates, Market Activity, Real Estate Articles, Real Estate News, Shared Recommended Articles, What I'm Reading

2 Things Sellers Need To Know This Spring in Los Angeles and Beverly Hills, CA | Christophe Choo at Coldwell Banker Global Luxury is Your Local Real Estate Expert

Spring is a great time to sell a house in Los Angeles and Beverly Hills, as the weather warms up and buyers start searching for new homes. However, before you put your house on the market, there are a couple of things you should keep in mind.

  1. Pricing is Key One of the most important things you can do as a seller is to price your home correctly. Houses that are priced right for the current market conditions are still selling. Jeff Tucker, Senior Economist at Zillow, explains that sellers who price their homes competitively shouldn't have a problem finding a buyer.

However, with a smaller pool of buyers in the market and more competition from other homes, sellers will likely need to adjust their price expectations this spring. Working with a real estate expert who can provide the best advice on pricing your home is key to finding success in this market.

  1. Buyers Are Still Active Although mortgage rates have risen and remain volatile, there are still plenty of buyers looking for homes in Los Angeles and Beverly Hills. Lisa Sturtevant, Chief Economist at Bright MLS, explains that while some buyers may be holding off until home prices fall, others are ready to get back into the market after sitting on the sidelines for months.

If you're interested in selling your house this spring, working with a real estate agent who can help connect you with those active buyers is crucial to your success.

Bottom Line Despite the changes in the housing market over the past year, there are still clear opportunities for sellers in Los Angeles and Beverly Hills this spring. If you're thinking about selling, now is a great time to connect with a real estate expert who can guide you through the process and help you achieve your goals.

Call Christophe Choo at (310) 777-6342 to tour your future home "HERE"or click "HERE"to estimate your home value
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