- Today’s housing market is different than it was in 2008.
- Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity.
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Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options?
Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates.
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year.
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market.
If you want to sell your house, consider doing it this summer.
You may have heard some people say it’s better to rent than buy a home right now.
One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them.
Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need.
Have you been saving up to buy a home this year?
The spring housing market has been surprisingly active this year.
Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
Wondering if you should sell your house this year?