With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, there’s concrete data to show why this is nothing like the last time. There’s a Shortage of Homes on the Market Today, Not a Surplus The supply of inventory needed to sustain a normal real estate market is … [Read more...]
Why Are People Moving Today?
Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While mortgage rates are higher than they were at the start of the year and home prices are rising, you shouldn’t put your plans on hold based solely on market factors. Instead, it’s necessary to consider why you want to move and how … [Read more...]
What to look for in the coming market!
We’re seeing a market shift right this summer. The rise in interest rates and the continuing rise in home prices has made it significantly less affordable to buy a home. The economist who predicted the housing crash in 2008 thinks we are now “halfway through the fall.” The number of sales is predicted to fall and the rate of home price appreciation is slowing. If you’re a buyer don’t hold your breath for prices to drop as the laws of supply and demand will cause prices to rise. This … [Read more...]
Three Reasons To Buy a Home in Today’s Shifting Market
A Real Estate Professional Helps You Separate Fact from Fiction
If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk the headlines so you can really understand today’s market and what it means for you. Here are three common housing market myths you might be hearing, along with the expert … [Read more...]
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