Housing Market Updates

What Happens to Housing when There’s a Recession?

For Buyers, For Sellers, Housing Market Updates, Interest Rates /

\"WhatSince the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 […]

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What’s Ahead for Home Prices?

For Buyers, For Sellers, Housing Market Updates, Pricing /

\"What’sAs the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. 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 […]

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Should You Still Buy a Home with the Latest News About Inflation?

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy /

\"ShouldWhile the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost […]

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The Latest on Supply and Demand in Housing

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers /

\"TheOver the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just how different things are today. This year, […]

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Perspective Matters When Selling Your House Today

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths /

\"PerspectiveDoes the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale […]

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What Are Experts Saying About the Fall Housing Market?

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing /

\"WhatThe housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on the professionals for insights. Here are a few […]

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Two Questions Every Homebuyer Should Ask Themselves Right Now

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"TwoRising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving 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 […]

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The Long-Term Benefit of Homeownership

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing /

\"TheToday’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 it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought […]

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The Cost of Waiting for Mortgage Rates To Go Down

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers /

\"TheMortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, […]

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