2024 Home Price Forecast
Based on what we’re hearing in the news about home prices, it is easy to buy into the "fearmongering." I think setting up boundaries around what we let into our brain space is vital to making inform...
Based on what we’re hearing in the news about home prices, it is easy to buy into the "fearmongering." I think setting up boundaries around what we let into our brain space is vital to making inform...
As we navigate through the early months of the year, many homeowners who have been holding off are contemplating the opportune moment to initiate the sale of their property. Traditionally, spring marks the peak season for buying homes, often en...
There’s been a lot of talk about the “Silver Tsunami” online. Let's dive into what it is and why it won't drastically impact the housing market like the media is hyping up.
What Does Silver Tsunami Mean?
The thought is that as baby ...
The average rate for a 30-year fixed-rate mortgage experienced a recent notable decrease. From the final week of October to early December, rates dropped nearly 0.8 percentage points. This significant reduction has injected a new spark into our...
Over the past year, we've witnessed a notable shift, but recent developments offer hope for prospective homeowners. The top 3 factors influencing this change include mortgage rates, home prices, and wages.
1. Mortgage Rates on a Favorable De...
Currently, there are a total of 75 homes and condos for sale, down from 81 last year at this time. Of the 76 properties, 12 are pending (16%). There are 43 single-family homes, 9 are pending (21%), and the median price is $1,798,000. At this ti...
Reflecting on 2023, the national real estate market faced one of its toughest years. Skyrocketing mortgage rates, persistent inflation, and stubbornly high housing and rental prices led to the continued declining trends from late 2022. The usua...
As a discerning individual contemplating a real estate transaction in 2024, it's crucial to stay informed about the latest market trends. The real estate landscape has seen its share of challenges in 2023, notably due to fluctuating mortgage ra...
Here's an update on the supply of homes currently for sale. Whether you're buying or selling, the number of homes in your area is something you should pay attention to.
In the housing market, there are regular patterns that happen every year...