- 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.
If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision.
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.
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year.
Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options?
If you’re ready to buy a home but are having a hard time affording it on your own, or, if you have aging loved ones you need to care for, you might want to consider a multi-generational home.
When deciding between buying a home or renting, think about these three important factors.
Holding off on selling your house because you believe there aren’t any buyers out there?
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.
There are only about half the number of homes for sale compared to the last normal years in the market.
If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market.
According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.
Today’s housing inventory is still well below more normal years.
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.
If you want to sell your house, consider doing it this summer.
Thinking of buying or selling a house and wondering what the new year holds for the housing market?
The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home.