Why There Won’t Be a Recession That Tanks the Housing Market There’s been a lot of recession talk over the past couple of years. And that may leave you worried we’re headed for a repeat of what we saw back in 2008. Here’s a look at the latest expert projections to show you why that […]
Don’t Let the Latest Home Price Headlines Confuse You
Don’t Let the Latest Home Price Headlines Confuse You Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the […]
Don’t Wait Until Spring To Sell Your House
Don’t Wait Until Spring To Sell Your House As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell. Here’s why. 1. Take […]
Why It’s More Affordable To Buy a Home This Year
Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you […]
Experts Project Home Prices Will Increase in 2024
Experts Project Home Prices Will Increase in 2024 Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Maefound that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every […]
3 Key Factors Affecting Home Affordability
3 Key Factors Affecting Home Affordability Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being […]
Home Prices Forecast To Climb Over the Next 5 Years
Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC] Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over […]
What Lower Mortgage Rates Mean for Your Purchasing Power
What Lower Mortgage Rates Mean for Your Purchasing Power If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, […]
If Your House Hasn’t Sold Yet, It May Be Overpriced
If Your House Hasn’t Sold Yet, It May Be Overpriced Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year. That […]
Why the Economy Won’t Tank the Housing Market
Why the Economy Won’t Tank the Housing Market If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in […]
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