If you’re considering buying or selling a home, it’s natural to want to stay informed about what’s happening with home prices, mortgage rates, housing supply, and more. However, with so many sensationalized headlines, knowing what information is reliable can take time and effort.
According to Jay Thompson, a real estate industry consultant, many housing market headlines are designed to be clickbait and may not reflect the reality of the market.
When information is clear, fear and uncertainty can take over, leading to better real estate decisions. As Jason Lewis, the Co-founder and Chief Data Officer at Parcl, explains, people are increasingly making decisions based on “fear, uncertainty, and doubt.” However, this doesn’t have to be the case. You can make informed decisions by working with a local real estate advisor who can provide trustworthy, up-to-date information and context about current trends.
A trusted real estate advisor can help you understand what’s happening at the national and local levels and provide you with data you can trust to make a well-informed decision. In addition, their in-depth knowledge of the industry can help you understand how current trends compare to historical data and provide insight into whether your local area is following the national trend or seeing something different in your market.
Buying or selling a home is a significant milestone that requires careful consideration. That’s why working with a real estate agent who can help you feel confident in your decision and excited about your future is essential. If you have questions about the headlines or what’s happening in the housing market today, connect with a trusted real estate advisor who can provide expert insights and advice.