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Homeownership Builds Your Wealth over Time [INFOGRAPHIC]

By |2023-01-27T04:30:19-07:00January 27th, 2023|Categories: First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Pricing, Real Estate|

Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term. Homeownership wins over time. Let’s connect so you can [...]

The 3 Factors That Affect Home Affordability

By |2023-01-24T04:30:15-07:00January 24th, 2023|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:“. . . with slowly improving affordability and a more [...]

Want To Sell Your House? Price It Right.

By |2023-01-23T04:00:50-07:00January 23rd, 2023|Categories: For Sellers, Pricing, Real Estate, Selling Myths|

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:“. . . some of the more prominent pandemic trends have changed, so sellers might [...]

What’s Really Happening with Home Prices? [INFOGRAPHIC]

By |2023-01-20T04:30:13-07:00January 20th, 2023|Categories: For Sellers, Housing Market Updates, Infographics, Pricing, Real Estate|

Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared [...]

Have Home Values Hit Bottom?

By |2023-01-18T04:00:27-07:00January 18th, 2023|Categories: For Buyers, For Sellers, Pricing, Real Estate|

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.One of the questions that’s on [...]

What To Expect From the Housing Market in 2023

By |2022-12-21T04:00:54-07:00December 21st, 2022|Categories: For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing, Real Estate|

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before [...]

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

By |2022-12-06T04:00:23-07:00December 6th, 2022|Categories: For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing, Real Estate|

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 like supply and demand in [...]

What’s Ahead for Mortgage Rates and Home Prices?

By |2022-11-09T04:00:16-07:00November 9th, 2022|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your [...]

Key Factors Affecting Home Affordability Today

By |2022-11-07T04:00:14-07:00November 7th, 2022|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

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 in the affordability equation. Here [...]

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

By |2022-10-26T03:00:59-07:00October 26th, 2022|Categories: For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Real Estate|

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s [...]