Market Updates

June 6, 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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Posted in Buyers, Market Updates
June 6, 2022

History Proves Recession Doesn’t Equal a Housing Crisis

Some Highlights

It’s important to understand history proves an economic slowdown does not equal a housing crisis.

In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008 …

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May 31, 2022

2022 Housing Market Forecast

Some Highlights

What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead.

Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet …

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May 20, 2022

Don’t Let Rising Inflation Delay Your Homeownership Plans

Some Highlights

If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say.

Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising …

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Posted in Buyers, Market Updates
May 9, 2022

Myths About Today’s Housing Market

Some Highlights

If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions.

Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it …

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April 7, 2022

The Future of Home Price Appreciation and What It Means for You

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago.

However, experts say the market is totally different today. For example, Odeta …

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Posted in Market Updates
Feb. 17, 2022

Americans Choose Real Estate as the Best Investment

Some Highlights

According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row.

Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable …

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Posted in Buyers, Market Updates
Feb. 15, 2022

Want Top Dollar for Your House? Now is the Time To List It.

When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here …

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Posted in Market Updates, Sellers
Dec. 22, 2021

Predictions for Our 2022 Housing Market

Here are my predictions for our real estate market next year.

Want to sell your home? Get a home value report
Want to buy a home? Search all homes for sale

What are my predictions for the 2022 real estate market? I think we will see a strong market, however …

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Posted in Market Updates
June 21, 2021

Your Real Estate Market Questions Answered

After all that happened last year, inventory is finally changing.

Want to sell your home? Get a home value report
Want to buy a home? Search all homes for sale

Today we’re back with another edition of “Q&A With Lori” where we’ll answer a few common questions we’ve been asked …

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Posted in Market Updates