If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, ... » Learn More about Two Questions To Ask Yourself if You’re Considering Buying a Home
home prices
Why Homeownership Wins in the Long Run
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term ... » Learn More about Why Homeownership Wins in the Long Run
Why the Median Home Price Is Meaningless in Today’s Market
The National Association of Realtors (NAR) released its latest Existing Home Sales (EHS) report. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, ... » Learn More about Why the Median Home Price Is Meaningless in Today’s Market
A Drop in Equity Doesn’t Mean Low Equity
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out ... » Learn More about A Drop in Equity Doesn’t Mean Low Equity
Are Home Prices Going Up or Down? That Depends…
Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year ... » Learn More about Are Home Prices Going Up or Down? That Depends…