If you’re wondering if home prices are going to come down due to the cool down 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 ... Continue Reading » about Experts Increase 2022 Home Price Projections
Buyers
The U.S. Homeownership Rate Is Growing
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a ... Continue Reading » about The U.S. Homeownership Rate Is Growing
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. ... Continue Reading » about Why Experts Say the Housing Market Won’t Crash
What Does the Rest of the Year Hold for Home Prices?
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. What does the rest of the year hold for home ... Continue Reading » about What Does the Rest of the Year Hold for Home Prices?
Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. There has been a housing market shift. What does this ... Continue Reading » about Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
Buying a Home May Make More Financial Sense Than Renting One
Buying a home vs renting makes sense according to Realtor.com. If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a ... Continue Reading » about Buying a Home May Make More Financial Sense Than Renting One