Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking … [Read more...] about What Experts Say Will Happen with Home Prices Next Year
Housing Market Updates
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in … [Read more...] about Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage …
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. … [Read more...] about Will My House Still Sell in Today’s Market?
If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be … [Read more...] about Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a … [Read more...] about Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): … [Read more...] about Three Things Buyers Can Do in Today’s Housing Market
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? … [Read more...] about Expert Forecasts on Mortgage Rates
While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ … [Read more...] about Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you … [Read more...] about Buyers: You May Face Less Competition as Bidding Wars Ease
If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. … [Read more...] about What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]