Why the Economy Won’t Tank the Housing Market November 29, 2023 Housing Market Updates If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some […]
Are the Top 3 Housing Market Questions on Your Mind? November 28, 2023 For Buyers For Sellers First Time Home Buyers Move-Up Buyers Housing Market Updates Buying Myths Selling Myths When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in […]
Home Prices Still Growing – Just at a More Normal Pace November 22, 2023 For Buyers For Sellers Pricing Housing Market Updates If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise. Some people are still saying prices are falling, even though data proves otherwise. Part of that misconception is […]
People Are Still Moving, Even with Today’s Affordability Challenges November 16, 2023 For Buyers For Sellers Housing Market Updates Buying Myths Selling Myths If you’re thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and […]
How Inflation Affects Mortgage Rates When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The Fed is trying hard […]
Momentum Is Building for New Home Construction If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you […]
Americans Still View Homeownership as the American Dream Everyone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide. A recent survey from Bankrate asked respondents which achievements they feel most […]
Lending Standards Are Not Like They Were Leading Up to the Crash You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data […]
Why the Median Home Price Is Meaningless in Today’s Market The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. […]
Oops! Home Prices Didn’t Crash After All During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, […]