Market Updates

Sept. 27, 2023

Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon




You might remember the housing crash in 2008, even if you didn't own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there's good news – the housing market now is different from 2008.

One important reason is ...

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Posted in Market Updates
Sept. 26, 2023

The Return of Normal Seasonality for Home Price Appreciation




If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context ...

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Posted in Market Updates
Sept. 19, 2023

Are More Homes Coming onto the Market?




An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right ...

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Posted in Market Updates
Sept. 14, 2023

What Experts Project for Home Prices Over the Next 5 Years

 




If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than  ...

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Posted in Market Updates
Sept. 6, 2023

Expert Home Price Forecasts Revised Up for 2023

 




Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008 ...

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Posted in Market Updates
Sept. 6, 2023

How Inflation Affects the Housing Market

 




Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.

The Relationship Between Housing Inflation and Overall Inflation

Shelter inflation is the measure of ...

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Posted in Market Updates
Sept. 6, 2023

Gen Z: The Next Generation Is Making Moves in the Housing Market




Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from ...

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Posted in Market Updates
Aug. 23, 2023

Why You Need a True Expert in Today’s Housing Market

 




The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with ...

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Posted in Market Updates
Aug. 11, 2023

Home Prices Are Back on the Rise [INFOGRAPHIC]

 




Some Highlights

  • Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
  • If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news.
  • Let’s  ...
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Posted in Market Updates
Aug. 4, 2023

Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

 




Some Highlights

  • Want to know what experts say will happen in 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. Based ...
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Posted in Market Updates