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Understanding Market Trends

To maximize your home's selling potential, it's crucial to understand the market trends. As of 2023, the real estate market has shown a consistent increase in home prices, particularly in urban areas. According to the National Association of Realtors, the median existing-home price for all housing types in September 2023 was $376,000, which is a 7% increase from the previous year1. This upward trend highlights the potential for sellers to achieve higher profits, especially when they time their sale strategically.

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