The recent surge in interest rate hikes has captured the attention of media outlets and prospective homebuyers alike. For those contemplating a move, this is a significant curveball. If you’re wrestling with the decision to postpone your plans or proceed, it’s essential to grasp the real implications.
Are you thinking about making a move? If so, all the speculation of home prices dropping this year may have you feeling on edge about your decision. Let the data and the experts reassure you that prices are not dropping and the real estate housing market 2023 will finish the year strong.
When standing at the crossroads of homeownership, the choice to sell or retain your property can be a weighty one. The intricacies of the decision may be compounded by concerns about taking on a higher mortgage rate for your next residence.
If this quandary resonates with you, unlocking the nuances of equity could serve as your compass, guiding you towards a more informed and confident course of action. In the following discussion, we’ll delve into the concept of equity and its current relevance, shedding light on its potential to transform your housing journey.
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that mean? And why are conditions today so good if you want to list your house?
And as we get closer to the spring real estate market, experts continue to forecast what they believe will happen with home prices in 2023 this year and beyond.
This aricle breaks down the two big challenges the housing market is facing right now.
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong.
Should Sellers Capitalize On This Moment? In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes: “It will be one of the best winter sales years ever.” … Continued
When the COVID-19 pandemic hit, many potential buyers decided to put their home search on hold. But it looks like buyers are getting back to searching for homes online.
Back To Top Back To Top Bureau of Labor Statistics Latest Job Reports Released Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even higher. These numbers … Continued