2023 housing market

What’s Going To Happen With Mortgage Rates? Going Up Or Down?

Check out our latest video - What's Going To Happen With Mortgage Rates:      So you've undoubtedly seen some news concerning inflation and mortgage rates, as well as something about a Federal Reserve (the Fed) decision. You may be wondering what it all means for you, especially if you're considering purchasing a home. Allow me to break it down for you. The Housing Market and...

Do You Have Questions About The Housing Market? We’re Here To Help!

Are you confused by all the headlines on the real estate market?     If you're considering buying or selling a home, you're undoubtedly curious about what's going on with home prices, mortgage rates, housing availability, and other factors. Given how sensationalized today's headlines are, this is no simple assignment. According to Jay Thompson, a Real Estate Industry Consultant: Housing...

There Is No Reason To Fear A Wave Of Foreclosures In 2023

If you are concerned about the latest news of foreclosures rising in the U.S. it's important to put it into the correct context. Check out this video to learn more:   You're not the only one if you've read recent news regarding the rise in foreclosures in the housing market. The tales in the media can, without question, be somewhat perplexing at the moment. They might even cause you to...

Don’t Put Off Buying A Home Waiting On 3 Percent Rates

Are you thinking you should wait for rates to drop to 4% or maybe even 3%?  Then Watch this: The Federal Reserve took action to try and lower inflation last year. Mortgage rates quickly increased in response to such initiatives from the all-time lows we experienced in 2021, reaching a peak of just over 7% last October. As a result, prospective buyers' purchasing power was reduced, which led to some of...

Interested In Selling Your Home? Price It Right

Due to increasing mortgage rates, the housing market slowed down last year, which had an effect on property values. If you're considering selling your house soon, you should modify your expectations in line with that. As explained on realtor.com: “. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible.” In a more...

What’s In Store For The 2023 Real Estate Market?

Everyone wants to know what is in store for the 2023 Residential Real Estate Market. While we can't see into the future (wish we could, we'd make some Super Bowl bets!), we can look at the Data and what is happening with the economy in general to get a good idea. We think there will be two driving forces behind the 2023 real estate market. Curious about what we see on the horizon? Then check out this video...

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