Home Prices

Feb. 16, 2023

Wondering What’s Going on with Home Prices?

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.

Local price trends still vary by market. But ...

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Posted in Home Prices
Dec. 6, 2022

What’s Going on with Home Prices? Ask a Professional.

If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors ...

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Posted in Home Prices
Nov. 14, 2022

Key Factors Affecting Home Affordability Today

Every time there’s a news segment about the housing market,
we hear about the affordability challenges buyers are facing today. Those
headlines are focused on how much mortgage rates have climbed this year. And
while it’s true rates have risen dramatically, it’s important to remember they
aren’t the only factor ...

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Posted in Home Prices
Oct. 16, 2022

Perspective Matters When Selling Your House Today

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Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the ...

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June 18, 2022

A Majority of Consumers Say It’s a Good Time To Sell Your House

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If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order to time it just right ...

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May 28, 2022

The One Thing Every Homeowner Needs To Know About a Recession

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value.

 

The National Bureau of Economic ...

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May 17, 2022

Why Rising Mortgage Rates Push Buyers off the Fence

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans.

 

Today, buyers are reacting ...

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Dec. 15, 2020

5 Steps to Follow When Applying for Forbearance

Source: Real Estate with Keeping Current Matters

forebearance

 

If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating much-needed relief ...

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Posted in Home Prices
Dec. 15, 2020

Why It Makes Sense to Sell Your House This Holiday Season

home selling

 

If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is available ...

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Posted in Home Prices
Dec. 14, 2020

Are Home Prices Headed Toward Bubble Territory?

housing prices

 

Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 ...

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Posted in Home Prices