Home Price Deceleration Doesn’t Mean Home Price Depreciation
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you may hear: Appreciation is when home prices increase. Depreciation is when home prices decrease. Deceleration is when home prices continue to appreciate, but at a slower … [Read more...]
Why the Growing Number of Homes for Sale Is Good for Your Move Up
Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move up this summer. According to the latest data from realtor.com, the number of homes being listed for sale, known as new listings, has increased consistently this year (see graph below): While … [Read more...]
Remember and Honor Those Who Gave All
We remember and honor those who gave all. … [Read more...]
May 2022 Warm Fuzzy
Here’s a story about baseball – and perspective: A 9 year old girl was overheard talking to herself as she marched through the backyard, wearing her baseball cap and toting a ball and bat. "I'm the greatest hitter in the world,” she loudly announced. Then she tossed the ball into the air, swung at it, and missed. “Strike one!” she yelled. Undaunted, she picked up the ball and said again even louder, “I’m the greatest hitter in the world!” She tossed the ball into the air. When it … [Read more...]
