Part 7/10:
For homeowners, the decision to sell now or wait depends on their individual circumstances. If the property is a primary residence and they plan to stay long-term, experts suggest just riding out the market fluctuations. Buying or selling as part of an investment strategy might warrant more caution, especially if signs point toward price declines.
For prospective buyers, patience might be wise. Waiting a few months could allow prices to stabilize or decrease, potentially offering better deals. As Dan, a market analyst, notes, the long-term value of a home as an asset is influenced by broader economic factors and personal needs, not just short-term market fluctuations.