Pricing

What To Expect From the Housing Market in 2023

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

\"WhatThe 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before […]

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Homeowners Still Have Positive Equity Gains over the Past 12 Months

For Sellers, Housing Market Updates, Pricing /

\"HomeownersIf you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home minus what you owe on the loan. Because there was […]

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What’s Going on with Home Prices? Ask a Professional.

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

\"What’sIf you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in […]

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What’s Ahead for Mortgage Rates and Home Prices?

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

\"What’sNow that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your […]

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Key Factors Affecting Home Affordability Today

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

\"KeyEvery time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here […]

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3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

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

\"3With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s […]

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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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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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