The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. … [Read more...] about Experts Forecast a Turnaround in the Housing Market in 2023
Housing Market Updates
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. … [Read more...] about Lower Mortgage Rates Are Bringing Buyers Back to the Market
There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next. … [Read more...] about Where Will You Go If You Sell? You Have Options.
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes … [Read more...] about Why It Makes Sense To Move Before Spring
If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis … [Read more...] about Why You Shouldn’t Fear Today’s Foreclosure Headlines
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: … [Read more...] about The 3 Factors That Affect Home Affordability
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie ahead. As … [Read more...] about What Past Recessions Tell Us About the Housing Market