Why Current Housing Inventory Is a Sweet Spot for Sellers
Why Current Housing Inventory Is a Sweet Spot for Sellers Current housing inventory is a sweet spot for sellers. In fact, the latest data shows that active listings are well below average in most markets. This means that those looking to sell their home now have a much better chance of success than in years past. That’s because there’s less […]
What You Need to Know About Mortgage Rates and Home Prices
What You Need to Know About Mortgage Rates and Home Prices If you’re considering buying a home, staying informed on the housing market is important. Pay attention to news stories, social media conversations, and discussions with real estate agents. Also keep an ear out for conversations with friends and family, or even those you hear in public places like supermarkets. […]
New Home Construction Opportunities in Today’s Housing Market
New Home Construction Opportunities in Today’s Housing Market Are you looking to buy or sell a house this summer? With the limited inventory of homes available for sale, it’s important to explore all of your options. New home construction is an increasingly significant part of today’s housing market. Learn about how it can be a great option for those looking […]
Understanding Homeowners’ Equity
Understanding Homeowners’ Equity You may have seen media coverage talking about a drop in homeowners’ equity. But what’s important to know is that equity and home values are closely connected. When home prices rise, so does equity – and when they fall, then so does equity. Recently, we saw this happen: Home prices rapidly increased during the ‘unicorn’ years – […]
Housing Market Trends: Current Market Data
Housing Market Trends: Current Market Data Some Highlights Comparing housing market metrics from year to year can be difficult, especially in times that don’t follow a normal pattern. The last few years have been anything but normal; they could be called ‘unicorn’ years. Unsettling housing market headlines are likely this year due to comparisons with the ‘unicorn’ years. Let’s connect […]
Home Price Crash? More Like Home Price Stabilization
Home Price Crash? More Like Home Price Stabilization At the end of last year, numerous housing experts proclaimed that there would be a home price crash in 2023. A few of these predictions included: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the housing […]