Category: Home Market

How Inflation Affects the Housing Market

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected.

Buyer Traffic Is Still Stronger than the Norm

Don’t put off your plans because you’re worried no one will buy your home. The opposite is true, and more buyers are more active than the norm.

Expert Home Price Forecasts Revised Up for 2023

Basically, deceleration of appreciation is not the same thing as home prices depreciating.

Homeowners Have a Lot of Equity Right Now

Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.

Home Prices Are Back on the Rise

If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news.

Low Housing Inventory Is a Sweet Spot for Sellers

Low inventory is why homes that are priced right are still selling quickly and seeing multiple offers.

Housing Market Forecast for the Rest of 2023

Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.

Where mortgage rates go for the rest of the year will depend on inflation.

Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market

Expect unsettling housing market headlines this year, mostly due to unfair comparisons with the ‘unicorn’ years.

Why the Median Home Price Is Meaningless in Today’s Market

Just because the median price changes, it doesn’t mean home prices are falling.

Oops! Home Prices Didn’t Crash After All

Home prices didn’t come crashing down as projected.