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2022 Home Price Projections

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original […]
All, Buying, Selling

What Would a Recession Mean for the Housing Market?

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a recession in […]
All, Buying, Selling

Why Experts Say the Housing Market Won’t Crash

Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures like the last time. If you have questions about […]
All, Buying, Selling

Home Prices Up, Affordability Down In The Second Quarter

The national median single family home price rose 14.2 per cent during the second quarter of the year. The National Association of Realtors latest quarterly report also found that at the same time housing affordability significantly declined as monthly mortgage payments on a traditional 30-year mortgage with 20-per cent down increased by nearly a third […]

All 2022 Home Price Projections If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original […]

All What Would a Recession Mean for the Housing Market? According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a recession in […]

All Why Experts Say the Housing Market Won’t Crash Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures like the last time. If you have questions about […]

All Home Prices Up, Affordability Down In The Second Quarter The national median single family home price rose 14.2 per cent during the second quarter of the year. The National Association of Realtors latest quarterly report also found that at the same time housing affordability significantly declined as monthly mortgage payments on a traditional 30-year mortgage with 20-per cent down increased by nearly a third […]

All What’s in Store For Home Prices For The Rest of 2022? Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. One reason why is that […]

All Selling Your House? Your Asking Price Matters More Now Than Ever There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because […]

All Why the Forbearance Program Changed the Housing Market When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis wouldn’t […]

All What’s In Store For The Housing Market For The Rest Of 2022? Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years. Let’s connect so you can make your best move this year. This infographic […]

All Here’s Why It’s Still A Seller’s Market As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still anything but normal. Even though the supply […]

All Three Reasons To Buy a Home in Today’s Shifting Market Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes selling above asking price. If you’re ready to […]

All Want To Buy a Home? Now May Be The Time Are you one of those potential homebuyers who is struggling with whether now is a good time to buy. You’ve been reading the news reports and hearing conflicting things from friends, relatives and others about whether you should buy now or wait. When I get the question – should I buy now or wait – […]

All Opportunity for Homebuyers? he latest date from Federal government agencies continues to show a slowdown in the housing market. The US Census Department and HUD reported today sales of new single family homes in June fell 8,1 per cent from the previous month of May. The report said that new single-family home sales were down 17.4 per cent […]

All Have You Stopped Searching? Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams. Let’s connect so you have the latest information on […]

All Mortgage Interest Rates Inch Up For The Week Ending July 21, 2022 Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) for the week ending July 21, 2022. The survey showed the 30-year fixed-rate mortgage (FRM) averaged 5.54 percent for the week. “The housing market remains sluggish as mortgage rates inch up for a second consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. […]

All Do You Think Home Prices Will Fall? Do you think home prices will fall? Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home […]

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All Where Do I Go If I Sell My House? I’ve heard the question. And, quite frankly I’ve asked the question. Where will I go if I sell my house today? If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because […]

All Mortgage Rates Volatile Freddie Mac today (07/14/2022) released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.51 percent. “Mortgage rates are volatile as economic growth slows due to fiscal and monetary drags,” said Sam Khater, Freddie Mac’s Chief Economist. “With rates the highest in over a decade, home prices at […]

All Housing Experts Say This Isn’t a Bubble. So What Is It? With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information. Here’s why economists and industry experts say the housing market is not a bubble ready to […]

All What Are Housing Experts Saying Now About What’s Ahead For 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 the experts for projections on what the second half of […]

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