Housing Market

Sept. 14, 2022

Three Things Buyers Can Do in Today’s Housing Market

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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):

“Compared to one year ago, the monthly mortgage payment rose to $1,944 from …

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Sept. 11, 2022

Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

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If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.

But what was once …

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Aug. 31, 2022

What’s Actually Happening with Home Prices Today?

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One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a …

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Aug. 26, 2022

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

image 1Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today …

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April 27, 2022

Is It Enough To Offer Asking Price in Today’s Housing Market?

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the …

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Posted in Housing Market
April 7, 2022

The Future of Home Price Appreciation and What It Means for You

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago.

However, experts say the market is totally different today. For …

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Posted in Housing Market
April 5, 2022

Balancing Your Wants and Needs as a Homebuyer Today

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits …

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Posted in Housing Market
April 1, 2022

What You Can Expect from the Spring Housing Market

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal …

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Posted in Housing Market
March 23, 2022

Did Your Dream Home Just Come on the Market?

For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of declines). Here’s …

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Posted in Housing Market
March 15, 2022

Supply and Demand in Today’s Market

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Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell.

For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your …

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Posted in Housing Market