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.

Recent headlines may leave you wondering what’s next for mortgage rates.

• Buying a home is a major way to build wealth and gain financial stability.
• That’s why, across different income levels, the largest part of most homeowners’ net worth is their equity.

As the housing market continues to change, you may be wondering where it’ll go from here.

Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind?

When it comes to the current housing market, there are some myths circling around right now. 

Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change?

If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.

• If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you.
• If you find your home no longer meets your needs, it may be time to sell.

Are you having trouble finding a home that fits your needs and your budget? 

If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you.

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. 

Some Highlights

• If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers.
• Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation.

Thinking about selling your house?

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. 

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.

When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause.

• Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now.
• Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners have a lot of equity that can fuel a move.

• Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home.
• Energy prices have increased over the last year, so look for energy-efficient features in your home search.