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Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

By |2023-05-30T03:30:00-07:00May 30th, 2023|Categories: For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Real Estate|

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. Comparing this year’s numbers to the two ‘unicorn’ years we [...]

What You Need To Know About Home Price News

By |2023-05-17T03:30:00-07:00May 17th, 2023|Categories: For Buyers, For Sellers, Housing Market Updates, Pricing, Real Estate|

The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices report repeat sales prices. [...]

The Worst Home Price Declines Are Behind Us

By |2023-05-16T03:30:00-07:00May 16th, 2023|Categories: For Buyers, For Sellers, Housing Market Updates, Pricing, Real Estate|

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very [...]

The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]

By |2023-05-12T03:30:00-07:00May 12th, 2023|Categories: For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing, Real Estate|

Some HighlightsWhile home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.Last July, prices started to decline, but around February, they began climbing back up.If you put your plans to move on hold waiting to see what would happen with home prices, reach out to [...]

Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]

By |2023-04-28T03:30:00-07:00April 28th, 2023|Categories: First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Some HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.You can also work with a trusted lender to consider alternative financing options and search for down payment assistance.If you’ve been searching for a home but are [...]

The Three Factors Affecting Home Affordability Today

By |2023-04-26T03:30:00-07:00April 26th, 2023|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, [...]

What Are the Experts Saying About the Spring Housing Market?

By |2023-04-25T03:30:00-07:00April 25th, 2023|Categories: For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing, Real Estate|

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now.Here’s what [...]

Think Twice Before Waiting for Lower Home Prices

By |2023-04-17T03:30:00-07:00April 17th, 2023|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers, Pricing, Real Estate|

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. [...]