If you're wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.

With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely. 

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.

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? 

Some Highlights

• If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
• While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023.

Media coverage about what’s happening with home prices can be confusing.

The idea of owning a home has always been a big part of the American Dream.

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.

Here’s what you really need to know about a few myths causing fear in today’s housing market.