Housing Market Updates

How Will Home Sales Measure Up Next Year?

For Buyers, For Sellers, Housing Market Updates /

\"HowThere are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real […]

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Where are Home Values Headed over the Next Few Years?

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

\"WhereThere are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, […]

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Will Home Prices Continue to Increase?

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

\"WillThere are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there […]

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Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?

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

\"IsIn a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com/ reported that: New listings jumped 8% year-over-year nationally, the largest increase since 2013 Total listings in the 45 largest markets are now up 6% on average over last year This increase in housing inventory has sparked two different reactions. Some are saying this […]

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Baby Boomers are Downsizing, Are You Ready to Move?

Baby Boomers, For Buyers, For Sellers, Housing Market Updates /

\"BabyFor a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame? Here’s what some of the experts have to say on the subject: Aaron Terrazas, Senior Economist at Zillow, says that “Boomers are healthier and working longer […]

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Dispelling the Myth About Home Affordability

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates /

\"DispellingWe have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wondered why the headlines don’t say the last 25 years, the last 20 years, or even the last […]

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New Home Sales Up 12.7% From Last Year

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

\"NewAccording to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July and 12.7% from last year! This marks the second consecutive month with double-digit year-over-year growth (12.8% in July). The report also showed that builders have ramped up construction with an increase in new […]

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Are We About to Enter a Buyers’ Market?

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

\"AreHome sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening? The market has definitely softened. […]

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Are Home Prices Softening or Are They Falling?

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

\"AreWe are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these two situations will have on home values. Many of these […]

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How Much Has Your Home Increased in Value?

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

\"HowHome values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price. The […]

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