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Posts Tagged ‘home value’

DECEMBER 2023 – RESIDENTIAL MARKET UPDATE

Are home loan values expected to drop in 2024? This is a common concern in the real estate market, which is always evolving. Despite uncertainties for buyers and sellers, with low loan defaults, historically low housing inventory, and the Feder...

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OCTOBER 2023 – RESIDENTIAL HOUSING MARKET UPDATE

Mortgage rates continue to rise, and inventory continues to decrease. The Federal Reserve will be meeting again on November 1st and the uncertainty on whether they will raise rates or not is causing mortgage rates to trend higher. Mixed messagi...

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WHAT’S GOING ON WITH HOME PRICES?

Why aren't home prices crashing? There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, h...

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MARCH 2023 – RESIDENTIAL HOUSING MARKET UPDATE

What the heck is happening to the housing market? We've got bank crisis, inflation is increasing, the job market is holding strong, what does this mean for the housing market and for residential real estate? So, we've got a lot of things to ...

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February 2023 Residential Housing Market Update

The housing market is a roller coaster right now all thanks to mortgage rates! The Fed's had their meeting on February 1st and the market responded favorably after the Fed's Fund rate increased by only a quarter percent, as expected. ...

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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 a...

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SELLERS ARE STILL FIRMLY IN THE DRIVER’S SEAT

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to m...

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