If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market.

Are you putting off your plans to sell because you’re worried you won’t be able to find a home you like when you move?

If you’re a homeowner, odds are your equity has grown significantly over the last few years.

Some Highlights:

• Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
• Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.

Some Highlights:

• The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.
• First-time homebuyers made up 31% of all sales in August.
• Homes are selling quickly with 51% of homes on the market for less than a month.

When you look at the numbers today, the one thing that stands out is the strength of this housing market.

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year?

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 a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home?

Some Highlights

• Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen.
• Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to sell.

If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows.

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.

Thinking about buying a home?

Some Highlights

• If you’re trying to decide whether to rent or buy a home, there are a few things you should consider.
• Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.

Based on what you’re hearing in the news about home prices, you may be worried they’re falling.

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