What’s on the horizon?
Now that mortgage rates have returned to pre-pandemic levels, new home buyers are starting to feel the full weight of record prices.
Heading into the spring market
With the onset of the spring market, rising mortgage rates, and fewer active listings compared to one year ago, buyer competition has intensified.
The Winds of March Bring Change
Not only does March hold the promise of warmer weather but also a softening to the housing market.
What To Expect In 2022…
2022 is likely to bring more balance to the housing market. But don’t expect a buyer’s market; just more selection, less frenzy and slower price growth.
A look ahead to 2022
Going into 2022, the lack of available inventory is still fueling the US housing market’s demand; and though affordability concerns continue, a strengthening job market is helping make homeownership more accessible.
With the holiday season comes a glimmer of hope
Recent data from NAR tells us it’s still a great time to list your house. Inventory is lower than it was at this time last year, so your house should sell quickly and get multiple offers.
The Tide May Be Turning
The flaming-hot housing market has seen median home prices soar an unprecedented 24% since the outbreak of the virus last year – great news for sellers. But in recent weeks, that fire has lost some of its heat as buyers finally start to push back at sky-high prices.
Autumn Brings The Promise Of Home & Family
This past month brought an interesting shift in the housing market indicating that things are beginning to stabilize.
Summer may be winding down, but the market’s still hot!
House-hunters, rejoice! The wild real estate market might finally be getting better for first-time buyers or anyone looking for a small house.
Hope for Homebuyers on the Horizon?
The epic housing shortage may finally be starting to ease up a little. More supply is suddenly coming on the market, which will certainly help frustrated buyers and could, in the longer term, take some of the heat out of home prices.