Covid19

Aug. 10, 2022

Is the shifting market a challenge or opportunity

 

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

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 your ...

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Aug. 3, 2022

Key statistics on bubble watch: 2007 vs 2022

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in ...

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July 27, 2022

Is this a window of opportunity for buyers

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales.

But the transition ...

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July 20, 2022

Should you buy a house with inflation this high

 

 

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering ...

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July 13, 2022

Updated Market forecast for the rest of 2022

 

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to ...

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June 29, 2022

Home ownership hedge against inflation

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB):

“Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace ...

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June 22, 2022

Home Price Deceleration Doesn't Mean Home Price Depreciation

Home Price Deceleration Doesn’t Mean Home Price Depreciation

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a ...

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June 8, 2022

Recession does not equal a housing crises

Some Highlights

  • It’s important to understand history proves an economic slowdown does not equal a housing crisis.
  • In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in ...
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June 1, 2022

How to survive the market shift

 

After years of high buyer demand, low mortgage rates, and insane competition, there’s a change happening in real estate, and it’s happening fast.

Rising mortgage rates have many buyers dropping out of the real estate race. Then there are sellers, who are sitting on the sidelines waiting until the ...

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May 25, 2022

Economic impact of buying and selling

 

 

 

If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too?

To measure that impact, the National Association of Realtors (NAR) releases ...

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