by Thomas Scott | Dec 21, 2022 | Buyers & Sellers, Housing Market Updates, Interest Rates
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more...
by Thomas Scott | Dec 20, 2022 | Housing Market Updates, Pricing, Seller
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home minus what you owe on the loan....
by Thomas Scott | Dec 19, 2022 | Buyer, Buying Myths, First Time Home Buyers
Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist...
![2023 Housing Market Forecast [INFOGRAPHIC]](https://madisonallied.com/wp-content/uploads/2022/12/2023-Housing-Market-Forecast-NM-480x675.jpg)
by Thomas Scott | Dec 16, 2022 | Buyers & Sellers, Housing Market Updates, Infographic
Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, connect with a trusted real estate professional...
by Thomas Scott | Dec 15, 2022 | Demographics, Move-Up Buyers, Seller
If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move...
