Monday, March 13, 2023 / by Matthew Tamburello
HomeSellers & HomeBuyers: How To Prepare For A Real Estate Market Correction!
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
As a client, you'll want a trusted resource for your real estate needs and goals. You want to have the insights and experience required to navigate changes in the market and better understand the ups and downs that naturally arise in the real estate sector.
Real estate agents - quality ones anyway - understand that a market cannot perform well perpetually. A natural rise and fall in prices always occurs. When you start to see signs of a market correction, you want to know how to prepare so you can make the best real estate decisions for your individual goals.
What is a “real estate market correction”?
A real estate market correction can generally be referenced when the value of homes falls 10–15% below the market average. When the value of homes starts shifting like this, it can cause changes in how buyers and sellers look at the market and how they. ...