by Thomas Scott | Jan 9, 2023 | Buyers & Sellers, Housing Market Updates
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace...
by Thomas Scott | Dec 27, 2022 | Buyers & Sellers, Buying Myths, Selling Myths
If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate...
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 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 6, 2022 | Buyers & Sellers, Housing Market Updates, Interest Rates
If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price...
by Thomas Scott | Nov 30, 2022 | Buyers & Sellers, Distressed Properties, Foreclosures
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early...