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Housing Market Updates

Market Conditions

Why We Aren't Headed for a Housing Crash

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.

Posted on 
February 29, 2024
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Market Conditions

Why Today’s Housing Supply Is a Sweet Spot for Sellers

Wondering if it still makes sense to sell your house right now?

Posted on 
February 27, 2024
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Market Conditions

Expert Home Price Forecasts for 2024 Revised Up

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.

Posted on 
February 22, 2024
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Market Conditions

Some Experts Say Mortgage Rates May Fall Below 6% Later This Year

There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now.

Posted on 
February 21, 2024
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Market Conditions

Don’t Let the Latest Home Price Headlines Confuse You

Based on what you’re hearing in the news about home prices, you may be worried they’re falling.

Posted on 
February 15, 2024
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Market Conditions

What’s Really Happening with Mortgage Rates?

Are you feeling a bit unsure about what’s really happening with mortgage rates?

Posted on 
February 12, 2024
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Market Conditions

Houses Are Still Selling Fast

Have you been thinking about selling your house?

Posted on 
February 6, 2024
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Market Conditions

Foreclosure Activity Is Still Lower than the Norm

Have you seen headlines talking about the increase in foreclosures in today’s housing market?

Posted on 
January 31, 2024
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Market Conditions

Will a Silver Tsunami Change the 2024 Housing Market?

Have you ever heard the term “Silver Tsunami” and wondered what it's all about?

Posted on 
January 29, 2024
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Market Conditions

Are More Homeowners Selling as Mortgage Rates Come Down?

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability.

Posted on 
January 24, 2024
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Market Conditions

Experts Project Home Prices Will Increase in 2024

Even though home prices are going up nationally, some people are still worried they might come down.

Posted on 
January 23, 2024
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Market Conditions

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

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.

Posted on 
January 17, 2024
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Market Conditions

Thinking About Buying a Home? Ask Yourself These Questions

If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market.

Posted on 
January 3, 2024
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Market Conditions

Why Mortgage Rates Could Continue To Decline

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).

Posted on 
December 20, 2023
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Market Conditions

Expert Quotes on the 2024 Housing Market Forecast

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.

Posted on 
December 19, 2023
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Market Conditions

Why Now Is Still a Great Time To Sell Your House

If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there.

Posted on 
December 18, 2023
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Market Conditions

Experts Project Home Prices Will Rise over the Next 5 Years

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.

Posted on 
December 4, 2023
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Market Conditions

Is Owning a Home Still the American Dream for Younger Buyers?

Everyone has their own idea of the American Dream, and it's different for each person.

Posted on 
November 30, 2023
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Market Conditions

Why the Economy Won’t Tank the Housing Market

If you’re worried about a coming recession, you’re not alone.

Posted on 
November 29, 2023
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Market Conditions

Are The Top 3 Housing Market Questions on Your Mind?

When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now.

Posted on 
November 28, 2023
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Market Conditions

Is Wall Street Buying Up All the Homes in America?

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.

Posted on 
November 27, 2023
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Market Conditions

Home Prices Still Growing – Just at a More Normal Pace

If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise.

Posted on 
November 22, 2023
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Market Conditions

Are There Actually More Homes for Sale Right Now?

If you’re looking to make a move, you want to be sure you have the latest information on the housing market.

Posted on 
November 21, 2023
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Market Conditions

People Are Still Moving, Even with Today’s Affordability Challenges

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.

Posted on 
November 16, 2023
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Market Conditions

The Latest 2024 Housing Market Forecast

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.

Posted on 
November 15, 2023
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Market Conditions

These Top Cities Show Home Prices Are Still Climbing

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.

Posted on 
November 14, 2023
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Market Conditions

Homeowner Net Worth Has Skyrocketed

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.

Posted on 
November 7, 2023
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Market Conditions

Are You a Homebuyer Worried About Climate Risks?

The increasing effects of natural disasters are leading to new obstacles in residential real estate.

Posted on 
October 5, 2023
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Market Conditions

Home Prices Are Not Falling

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.

Posted on 
October 3, 2023
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Market Conditions

Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon

You might remember the housing crash in 2008, even if you didn't own a home at the time.

Posted on 
September 27, 2023
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Market Conditions

The Return of Normal Seasonality for Home Price Appreciation

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?

Posted on 
September 26, 2023
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Market Conditions

Your Home Equity Can Offset Affordability Challenges

Are you thinking about selling your house?

Posted on 
September 19, 2023
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Market Conditions

Are More Homes Coming onto the Market?

An important factor shaping today’s market is the number of homes for sale.

Posted on 
September 18, 2023
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Market Conditions

Why Is Housing Inventory So Low?

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?

Posted on 
September 14, 2023
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Market Conditions

What Experts Project for Home Prices Over the Next 5 Years

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.

Posted on 
September 12, 2023
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Market Conditions

Get Ready for Smaller, More Affordable Homes

Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options?

Posted on 
September 7, 2023
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Market Conditions

Mortgage Rates: Past, Present, and Possible Future

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates.

Posted on 
September 6, 2023
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Market Conditions

Expert Home Price Forecasts Revised Up for 2023

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023.

Posted on 
September 5, 2023
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Market Conditions

Why It’s Still a Seller’s Market Today

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.

Posted on 
September 4, 2023
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Market Conditions

How Inflation Affects the Housing Market

Have you ever wondered how inflation impacts the housing market?

Posted on 
August 31, 2023
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Market Conditions

Buyer Traffic Is Still Stronger than the Norm

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are?

Posted on 
August 30, 2023
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Market Conditions

More Jobs and Better Pay Leads to More Buyer Demand

There’s been talk about a recession for quite a while now.

Posted on 
August 24, 2023
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Market Conditions

Why Median Home Sales Price Is Confusing Right Now

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow.

Posted on 
August 21, 2023
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Market Conditions

People Want Less Expensive Homes – And Builders Are Responding

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.

Posted on 
August 17, 2023
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Market Conditions

Don’t Expect a Flood of Foreclosures

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.

Posted on 
August 16, 2023
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Market Conditions

Equity Is a Game Changer for Homeowners Looking To Sell

If you’re a homeowner, you might be torn on whether or not to sell your house right now.

Posted on 
August 15, 2023
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Market Conditions

About 11,000 Houses Will Sell Today

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.

Posted on 
August 10, 2023
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Market Conditions

There's Only Half the Inventory of a Normal Housing Market Today

Wondering if it still makes sense to sell your house right now?

Posted on 
August 8, 2023
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Market Conditions

How Inflation Affects Mortgage Rates

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).

Posted on 
August 3, 2023
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Market Conditions

How To Know If You’re Ready to Buy a Home

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind.

Posted on 
August 2, 2023
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Market Conditions

Homebuyers Are Still More Active Than Usual

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.

Posted on 
July 27, 2023
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Market Conditions

Don’t Fall for the Next Shocking Headlines About Home Prices

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?

Posted on 
July 25, 2023
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Market Conditions

Foreclosure Numbers Today Aren’t Like 2008

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.

Posted on 
July 24, 2023
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Market Conditions

Explaining Today’s Mortgage Rates

If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them.

Posted on 
July 19, 2023
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Market Conditions

Homebuyers Are Getting Used to the New Normal

Before you decide to sell your house, it’s important to know what you can expect in the current housing market.

Posted on 
July 18, 2023
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Market Conditions

Momentum Is Building for New Home Construction

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.

Posted on 
July 11, 2023
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Market Conditions

Today’s Housing Inventory Is a Sweet Spot for Sellers

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.

Posted on 
July 6, 2023
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Market Conditions

Americans Still View Homeownership as the American Dream

Everyone’s interpretation of the American Dream is unique and personal.

Posted on 
July 4, 2023
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Market Conditions

Lending Standards Are Not Like They Were Leading Up to the Crash

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.

Posted on 
June 28, 2023
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Market Conditions

Eco-Friendly, Energy-Efficient Homes Attract Buyers

Are you planning to sell your house?

Posted on 
June 21, 2023
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Market Conditions

Why the Median Home Price Is Meaningless in Today’s Market

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week.

Posted on 
June 20, 2023
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Market Conditions

A Drop in Equity Doesn’t Mean Low Equity

You may see media coverage talking about a drop in homeowner equity.

Posted on 
June 14, 2023
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Market Conditions

Are Home Prices Going Up or Down? That Depends…

Media coverage about what’s happening with home prices can be confusing.

Posted on 
June 12, 2023
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Market Conditions

This Real Estate Market Is the Strongest of Our Lifetime

When you look at the numbers today, the one thing that stands out is the strength of this housing market.

Posted on 
June 8, 2023
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Market Conditions

Real Estate Is Still Considered the Best Long-Term Investment

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.

Posted on 
June 6, 2023
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Market Conditions

Oops! Home Prices Didn’t Crash After All

During the fourthquarter of last year, many housing experts predicted home prices were going to crash this year.

Posted on 
June 5, 2023
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Market Conditions

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

Comparing real estate metrics from one year to another can be challenging in a normal housing market.

Posted on 
May 30, 2023
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Market Conditions

The Benefits of Selling Now, According to Experts

If you’re trying to decide if now’s the time to sell your house, here’s what you should know.

Posted on 
May 25, 2023
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Market Conditions

Powerful Job Market Fuels Homebuyer Demand

The spring housing market has been surprisingly active this year.

Posted on 
May 18, 2023
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Market Conditions

What You Need To Know About Home Price News

The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow.

Posted on 
May 17, 2023
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Market Conditions

The Worst Home Price Declines Are Behind Us

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.

Posted on 
May 16, 2023
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Market Conditions

Homeowners Have Incredible Equity To Leverage Right Now

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity.

Posted on 
May 15, 2023
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Market Conditions

The Best Time To Sell Your House Is When Others Aren’t Selling

If you’re thinking about selling your house, you should know the number of homes for sale right now is low.

Posted on 
May 11, 2023
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Market Conditions

The Impact of Inflation on Mortgage Rates

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve.

Posted on 
May 10, 2023
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Market Conditions

Why Today’s Housing Market Is Not About To Crash

There’s been some concern lately that the housing market is headed for a crash.

Posted on 
May 9, 2023
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Market Conditions

It May Be Time To Consider a Newly Built Home

If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging.

Posted on 
May 8, 2023
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Market Conditions

Buyer Activity Is Up Despite Higher Mortgage Rates

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house.

Posted on 
May 3, 2023
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Market Conditions

A Recession Doesn’t Equal a Housing Crisis

Everywhere you look, people are talking about a potential recession.

Posted on 
May 2, 2023
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Market Conditions

Why Today's Foreclosure Numbers Are Nothing Like 2008

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market.

Posted on 
April 27, 2023
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Market Conditions

The Three Factors Affecting Home Affordability Today

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers.

Posted on 
April 26, 2023
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Market Conditions

What Are the Experts Saying About the Spring Housing Market?

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring.

Posted on 
April 25, 2023
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Market Conditions

Think Twice Before Waiting for Lower Home Prices

As the housing market continues to change, you may be wondering where it’ll go from here.

Posted on 
April 17, 2023
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Market Conditions

Want To Sell Your House This Spring? Price It Right.

Over the last year, the housing market’s gone through significant change.

Posted on 
April 13, 2023
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Market Conditions

Your Tax Refund Can Help You Achieve Your Homebuying Goals

Have you been saving up to buy a home this year?

Posted on 
April 12, 2023
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Market Conditions

The Big Advantage If You Sell This Spring

Thinking about selling your house?

Posted on 
April 11, 2023
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Market Conditions

Homebuyer Activity Shows Signs of Warming Up for Spring

The spring season appears to be warming up in housing as more and more buyers enter the market.

Posted on 
April 10, 2023
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Market Conditions

Why Aren’t Home Prices Crashing?

There have been a lot of shifts in the housing market recently.

Posted on 
April 5, 2023
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Market Conditions

Two Reasons You Should Sell Your House

Wondering if you should sell your house this year?

Posted on 
April 4, 2023
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Market Conditions

4 Key Tips for Selling Your House This Spring

Spring has arrived, and that means more and more people are getting their homes ready to sell.

Posted on 
March 29, 2023
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Market Conditions

2 Things Sellers Need To Know This Spring

<p>A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market.&nbsp;</p>

Posted on 
March 8, 2023
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Market Conditions

Equity Gains for Today’s Homeowners

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.

Posted on 
March 2, 2023
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Market Conditions

What You Should Know About Rising Mortgage Rates

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.

Posted on 
February 28, 2023
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Market Conditions

One Major Benefit of Investing in a Home

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>:

Posted on 
February 27, 2023
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Market Conditions

How To Make Your Dream of Homeownership a Reality

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.

Posted on 
February 23, 2023
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Market Conditions

The Two Big Issues the Housing Market’s Facing Right Now

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:

Posted on 
February 21, 2023
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Market Conditions

Spring into Action: Boost Your Home’s Curb Appeal with Expert Guidance

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>.

Posted on 
February 20, 2023
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Market Conditions

Wondering What’s Going on with Home Prices?

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.

Posted on 
February 16, 2023
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Market Conditions

Why Today’s Housing Market Isn’t Headed for a Crash

<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>.

Posted on 
February 9, 2023
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Market Conditions

Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years

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.

Posted on 
February 8, 2023
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Market Conditions

How Experts Can Help Close the Gap in Today’s Homeownership Rate

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse homebuyers to work with the right real estate experts.

Posted on 
February 7, 2023
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