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Posts Tagged ‘home value’

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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WHAT’S HAPPENING WITH HOME PRICES?

Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these q...

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UNDERSTANDING THE RISE IN MORTGAGE RATES

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three mo...

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TAKE ADVANTAGE OF TODAY’S CURRENT LOW RATES

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher tha...

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