Everyone is talking about home prices and the affordable housing crisis. A lot of people are wondering, or even think home prices are going to crash, mostly thanks to reporting from the media. But where are home prices headed for the end of 2023 and beyond? First, let's look at where home prices are at the moment and how we got here. The rate of increase in home values has been massive during the last...
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...
Hello there! It's well-known that making just a few updates and improvements to your home can drastically enhance its value, potentially helping it sell faster and at a better price. Not all updates are created equal, though, so we did some homework for you and compiled our top five home improvement projects with the greatest ROI - some may surprise you! Here's a quick video explaining why you should go...
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...
Are you considering selling your house this spring? If so, you might be in a real sweet spot - learn more in this video: The number of homes for sale is up from last year but still lower than in pre-pandemic years. The most significant difficulty in the housing market right now, and certainly for the foreseeable future, is the scarcity of available homes in comparison to the...
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To answer this question, there are two things we want to understand. The first is the reality of...
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been...
If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers are making moves right now, and that’s the growing number of homes for sale. So far this...
Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008. One of the key reasons why the market won’t crash this time is the current...
If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve missed your chance to sell your house and make a move, the good news is you haven’t – motivated buyers are still out there. But you...