Home price appreciation is also cooling as the housing market cools in response to the dramatic rise in mortgage rates. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most likely to happen moving… [Read More]
Perspective When Selling Your House
Does the latest news about the housing market question your plans to sell your house? If so, perspective is critical. Here are some ways a trusted real estate professional can explain today’s shift and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale than Pre-Pandemic While the supply of homes for… [Read More]
Questions Every Homebuyer Should Ask
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have increased dramatically since the beginning of the year. This leaves some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in borrowing cost shows no… [Read More]
Long-Term Benefit of Homeownership
Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While this year has unique challenges for homebuyers, it’s essential to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought a home 5, 10,… [Read More]
Home Prices for 2023 🏡💸
Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long they will last. So if you’re asking yourself: what’s ahead… [Read More]
What’s Happening with Home Prices?🤔
One of the biggest questions people are asking now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the cost of their homes. That can feel not very clear and makes it more challenging to get a clear picture. Part of… [Read More]
Today’s Housing Market 🏡📈
If you’re considering selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the market’s peak frenzy over the past two years has cooled some. So if you’re asking yourself if you’ve missed your chance to sell your house and make a move,… [Read More]
3 Tips for Buying a Home Today 👌
If you put off your home search over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But it’s essential to remember that while inventory is improving, it’s still… [Read More]
Home Price Projections 2022 🏡🏷
If you’re wondering if home prices will come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 forecasts… [Read More]
The Rest of 2022 in Home Prices🏡
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? So let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm. In 2021, home prices appreciated quickly. One reason is that record-low… [Read More]