Market Updates

July 24, 2023

Homebuyers Are Getting Used to the New Normal

Homebuyers Are Getting Used to the New NormalBefore you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal.

To better understand what’s been happening with mortgage …

View More
July 19, 2023

Explaining Today’s Mortgage Rates

Explaining Today’s Mortgage Rates

 

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast.  

But, there’s one thing that’s historically a good …

View More
July 14, 2023

Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]

July 10, 2023

Today’s Housing Inventory Is a Sweet Spot for Sellers

Today’s Housing Inventory Is a Sweet Spot for Sellers

One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s take a look at the latest information on active …

View More
June 21, 2023

How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]

June 14, 2023

Are Home Prices Going Up or Down? That Depends…

Are Home Prices Going Up or Down? That Depends…

Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods …

View More
June 12, 2023

This Real Estate Market Is the Strongest of Our Lifetime

This Real Estate Market Is the Strongest of Our Lifetime

When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals …

View More
June 7, 2023

Real Estate Is Still Considered the Best Long-Term Investment

Real Estate Is Still Considered the Best Long-Term Investment

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th …

View More
June 5, 2023

Oops! Home Prices Didn’t Crash After All

Oops! Home Prices Didn’t Crash After All

During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts:

Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business:

“I expect housing prices fall 10% to 15 …

View More
May 25, 2023

The Benefits of Selling Now, According to Experts

The Benefits of Selling Now, According to Experts

If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes …

View More