Category: Home Market
The Latest Expert Forecasts for Home Prices in 2023
October 24, 2023If you’re worried about home prices falling this year, let the experts reassure you. Based on the average of the latest forecasts, home prices will actually show positive growth this year.
Home Prices Are Not Falling
October 17, 2023Even though the media may make things sound doom and gloom, the data shows home prices aren’t falling anymore. So, don’t let the headlines scare you or delay your plans.
Don’t Expect a Flood of Foreclosures
September 27, 2023If you’re worried about a potential flood of foreclosures, know there’s nothing in the data today to suggest that’ll happen. In fact, qualified buyers are making their mortgage payments at a very high rate.
More Jobs and Better Pay Leads to More Buyer Demand
September 24, 2023When wages rise, people have more money that they could save or use toward buying a home. This increase in income helps offset some of the affordability challenges in the housing market today.
How Inflation Affects the Housing Market
September 21, 2023Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected.
Buyer Traffic Is Still Stronger than the Norm
September 12, 2023Don’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
September 11, 2023Basically, deceleration of appreciation is not the same thing as home prices depreciating.
Homeowners Have a Lot of Equity Right Now
September 10, 2023Almost 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
August 23, 2023If 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
August 18, 2023Low inventory is why homes that are priced right are still selling quickly and seeing multiple offers.
