Home Prices

Nov. 9, 2023

Homeowner Net Worth Has Skyrocketed



If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board releases the Survey of Consumer Finances (SCF ...

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Nov. 2, 2023

Foreclosures and Bankruptcies Won’t Crash the Housing Market



If you've been following the news recently, you might have seen articles about an increase in foreclosures and bankruptcies. That could be making you feel uneasy, especially if you're thinking about buying or selling a house.

But the truth is, even though the numbers are going up, the  ...

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Oct. 24, 2023

Why Home Prices Keep Going Up



If you've ever dreamed of buying your own place, or selling your current house to upgrade, you're no stranger to the rollercoaster of emotions changing home prices can stir up. It's a tale of financial goals, doubts, and a dash of anxiety that many have been through ...

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Oct. 19, 2023

How Buying a Multi-Generational Home Helps with Affordability Today



In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living.

Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents ...

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Sept. 27, 2023

The Return of Normal Seasonality for Home Price Appreciation



If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context ...

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Sept. 7, 2023

Expert Home Price Forecasts Revised Up for 2023




Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But ...

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Posted in Home Prices
Aug. 17, 2023

Equity Is a Game Changer for Homeowners Looking To Sell




If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to ...

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Aug. 3, 2023

How Inflation Affects Mortgage Rates



When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need to know.

The Fed  ...

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July 27, 2023

Foreclosure Numbers Today Aren’t Like 2008




If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you're considering buying a home. It’s important to understand the context of these ...

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July 19, 2023

Homebuyers Are Getting Used to the New Normal

 



Before 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 ...

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