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 important to remember that while inventory is improving, it’s still a sellers’ 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. If you’re asking yourself if you’ve missed your chance to sell your house and make a move, the good…
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? 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 mortgage rates…
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and the percentage…
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars, which drove home prices up as buyers competed with one another to be the winning offer. But what was once your most significant challenge may now be your greatest opportunity. Today,…
Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Lending standards are much tighter, and homeowners have record equity levels. That means signs say there won’t be a wave of foreclosures like last. Contact a…
You may be reading headlines about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believed the housing market was in a bubble. The results indicate most experts don’t…
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and strong market fundamentals support home price growth. Home Prices…
If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the whole picture. The real estate market is shifting, and it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. We can help debunk the headlines so…
Defining the American dream is personal, and no individual will have the exact definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of the American dream. Your home is your stake in the community, a solid financial investment, and…