Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were 'unicorn' years.

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. 

Comparing real estate metrics from one year to another can be challenging in a normal housing market.

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 it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady.

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.

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.

Some Highlights

• In today’s housing market, you can still be the champion if you have the right team and strategy.
• To win as a buyer, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd.

If you want to sell your house, consider doing it this summer.

Some Highlights

• If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
• On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term.

Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers.