Economy

Dec. 18, 2023

Why the Economy Won’t Tank the Housing Market

If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in unemployment would lead ...

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Posted in Economy
Aug. 24, 2023

More Jobs and Better Pay Leads to More Buyer Demand

There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house ...

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Posted in Economy
May 3, 2023

A Recession Doesn’t Equal a Housing Crisis

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll ...

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Posted in Economy, Housing Market
July 7, 2022

The Average Homeowner Gained $64K in Equity over the Past Year

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If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you ...

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July 2, 2022

A Key Opportunity for Homebuyers

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There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things ...

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June 29, 2022

Two Reasons Why Today’s Housing Market Isn’t a Bubble

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You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe ...

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June 26, 2022

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

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If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB):

 

“Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in ...

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June 22, 2022

More Listings Are Coming onto the Market

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Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year.

Having additional options can make the search for your next home easier. But inventory is still low overall ...

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June 18, 2022

A Majority of Consumers Say It’s a Good Time To Sell Your House

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If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order to time it just right ...

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June 15, 2022

Is the Housing Market Correcting?

image 1If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know.

 

The housing market is moderating compared to the last ...

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