Loading...
There’s been a lot of recession talk over the past couple of years.
If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows.
Wondering if it still makes sense to sell your house right now?
Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.
There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now.
Based on what you’re hearing in the news about home prices, you may be worried they’re falling.
Are you feeling a bit unsure about what’s really happening with mortgage rates?
Have you been thinking about selling your house?
Have you seen headlines talking about the increase in foreclosures in today’s housing market?
Have you ever heard the term “Silver Tsunami” and wondered what it's all about?
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability.
Even though home prices are going up nationally, some people are still worried they might come down.
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you.
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market.
When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed).
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024.
If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there.
Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future.
Everyone has their own idea of the American Dream, and it's different for each person.
If you’re worried about a coming recession, you’re not alone.
When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now.
If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision.
If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise.
If you’re looking to make a move, you want to be sure you have the latest information on the housing market.
If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising.
The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home.
If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today.
If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision.
The increasing effects of natural disasters are leading to new obstacles in residential real estate.
During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.
You might remember the housing crash in 2008, even if you didn't own a home at the time.
If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices?
Are you thinking about selling your house?
An important factor shaping today’s market is the number of homes for sale.
One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy?
If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment.
Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options?
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates.
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023.
Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low.
Have you ever wondered how inflation impacts the housing market?
Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are?
There’s been talk about a recession for quite a while now.
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow.
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory.
The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments.
If you’re a homeowner, you might be torn on whether or not to sell your house right now.
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now.
Wondering if it still makes sense to sell your house right now?
When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed).
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind.
Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill.
If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices?
If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s housing market.
If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them.
Before you decide to sell your house, it’s important to know what you can expect in the current housing market.
If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options.
One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them.
Everyone’s interpretation of the American Dream is unique and personal.
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008.
Are you planning to sell your house?
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week.
You may see media coverage talking about a drop in homeowner equity.
Media coverage about what’s happening with home prices can be confusing.
When you look at the numbers today, the one thing that stands out is the strength of this housing market.
With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.
During the fourthquarter of last year, many housing experts predicted home prices were going to crash this year.
Comparing real estate metrics from one year to another can be challenging in a normal housing market.
If you’re trying to decide if now’s the time to sell your house, here’s what you should know.
The spring housing market has been surprisingly active this year.
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow.
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.
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity.
If you’re thinking about selling your house, you should know the number of homes for sale right now is low.
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve.
There’s been some concern lately that the housing market is headed for a crash.
If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging.
If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house.
Everywhere you look, people are talking about a potential recession.
You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market.
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers.
The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring.
As the housing market continues to change, you may be wondering where it’ll go from here.
Over the last year, the housing market’s gone through significant change.
Have you been saving up to buy a home this year?
Thinking about selling your house?
The spring season appears to be warming up in housing as more and more buyers enter the market.
There have been a lot of shifts in the housing market recently.
Wondering if you should sell your house this year?
Spring has arrived, and that means more and more people are getting their homes ready to sell.
<p>A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. </p>
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your <a href="https://www.simplifyingthemarket.com/2023/02/27/one-major-benefit-of-investing-in-a-home/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">net worth</a> got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential <a href="https://www.simplifyingthemarket.com/2023/02/14/why-its-easy-to-fall-in-love-with-homeownership-1/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">homebuyers</a> as the combination of higher mortgage rates and higher <a href="https://www.simplifyingthemarket.com/2023/02/16/wondering-whats-going-on-with-home-prices/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">prices</a> have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.
One of the many reasons to buy a home is that it’s a major way to <a href="https://www.simplifyingthemarket.com/2023/01/27/homeownership-builds-your-wealth-over-time-infographic/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">build wealth</a> and gain financial stability. According to <a href="https://myhome.freddiemac.com/owning/equity-and-appreciation.html"><em>Freddie Mac</em></a>:
According to a recent <em>Harris Poll </em>survey, <a href="https://www.nerdwallet.com/article/mortgages/2023-home-buyer-report">8 in 10</a> Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial <a href="https://www.simplifyingthemarket.com/2022/12/22/what-makes-a-house-a-home/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">benefits</a>, so that interest is understandable.
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at <em>First American, </em><a href="https://blog.firstam.com/economics/why-housing-market-potential-increased-for-the-second-straight-month">explains</a> the root causes of today’s low supply:
To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but <a href="https://www.simplifyingthemarket.com/2023/02/08/number-of-homes-for-sale-up-from-last-year-but-below-pre-pandemic-years/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">inventory</a> is still historically low. So, if a house has been sitting on the market for a while, that’s a sign it may not be hitting the mark for potential buyers. But here’s the thing. Right now, <strong>homes that are updated and </strong><a href="https://www.simplifyingthemarket.com/2023/01/23/want-to-sell-your-house-price-it-right/?a=712644-838b6c55a1809c97da6d61c83d33dbdc"><strong>priced</strong></a><strong> at market value are still selling fast</strong>.
The recent changes in home prices are top of mind for many as the <a href="https://www.simplifyingthemarket.com/2023/02/02/experts-forecast-a-turnaround-in-the-housing-market-in-2023/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">housing market</a> 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.
<a href="https://www.nerdwallet.com/article/mortgages/2023-home-buyer-report">67%</a> of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows <a href="https://www.simplifyingthemarket.com/2023/02/02/experts-forecast-a-turnaround-in-the-housing-market-in-2023/?a=712644-838b6c55a1809c97da6d61c83d33dbdc"><strong>today’s market</strong></a><strong> is nothing like it was before the housing crash in 2008</strong>.
The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your house would be welcome in a market that has fewer homes for sale than it did in the years leading up to the pandemic.
.svg)
