Market Updates

Oct. 11, 2023

The Latest Expert Forecasts for Home Prices in 2023




Are you thinking about making a move? If so, all the speculation that home prices would crash this year may have you feeling a bit on edge about your decision. Let the data and the experts reassure you. Prices aren’t in a downward spiral and will actually finish …

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Posted in Market Updates
Oct. 5, 2023

Are You a Homebuyer Worried About Climate Risks?




The increasing effects of natural disasters are leading to new obstacles in residential real estate. As a recent article from CoreLogic explains:

 “As the specter of climate change looms large, the world braces for unprecedented challenges. In the world of real estate, one of those …
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Posted in Market Updates
Oct. 4, 2023

Understanding the Benefits of Owning Your First Home




Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:

“When asked why they purchased their first home recently, the answer was simple: …
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Posted in Market Updates
Oct. 3, 2023

Home Prices Are Not Falling




During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of …

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Posted in Market Updates
Aug. 28, 2023

Gen Z: The Next Generation Is Making Moves in the Housing Market




Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight …

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Posted in Market Updates
Aug. 25, 2023

Today’s Housing Market Has Only Half the Usual Inventory




Some Highlights

  • There are only about half the number of homes for sale compared to the last normal years in the market.
  • That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be …
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Posted in Market Updates
Aug. 2, 2023

How To Know If You’re Ready to Buy a Home




If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things …

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Posted in Market Updates
July 26, 2023

Tips for Making Your Best Offer on a Home




While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars …

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Posted in Market Updates
July 18, 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 …

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Posted in Market Updates
July 10, 2023

Reasons Your Home May Not Be Selling




When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles. And, while the current housing market is generally favorable to …

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Posted in Market Updates