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16 Aug What Would a Recession Mean for the Housing Market?

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing by MarciaMurray 0 Comments

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According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But...

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15 Aug The U.S. Homeownership Rate Is Growing

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy by MarciaMurray 0 Comments

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The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of...

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12 Aug Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates, Infographics by MarciaMurray 0 Comments

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Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs...

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11 Aug What Does the Rest of the Year Hold for Home Prices?

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates, Pricing by MarciaMurray 0 Comments

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Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth...

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10 Aug Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers by MarciaMurray 0 Comments

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If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what...

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09 Aug Selling Your House? Your Asking Price Matters More Now Than Ever

Posted at 10:00h in Blog, For Sellers, Pricing, Selling Myths by MarciaMurray 0 Comments

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There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and...

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08 Aug Why the Forbearance Program Changed the Housing Market

Posted at 10:00h in Blog, Distressed Properties, Foreclosures, Housing Market Updates by MarciaMurray 0 Comments

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When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that....

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05 Aug Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing by MarciaMurray 0 Comments

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Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be...

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04 Aug Why It’s Still a Sellers’ Market

Posted at 10:00h in Blog, For Sellers, Housing Market Updates, Selling Myths by MarciaMurray 0 Comments

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As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should...

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03 Aug Buying a Home May Make More Financial Sense Than Renting One

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy by MarciaMurray 0 Comments

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If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article...

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