by Thomas Scott | Nov 9, 2022 | Buyers & Sellers, First Time Home Buyers, Interest Rates
Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so...
by Thomas Scott | Oct 26, 2022 | Buyers & Sellers, Foreclosures, Housing Market Updates
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news...
by Thomas Scott | Oct 25, 2022 | Buyers & Sellers, Housing Market Updates, Interest Rates
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be...
by Thomas Scott | Oct 20, 2022 | Buyers & Sellers, Housing Market Updates, Pricing
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling...
by Thomas Scott | Oct 18, 2022 | Buyers & Sellers, First Time Home Buyers, Housing Market Updates
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the...
by Thomas Scott | Oct 11, 2022 | Buyers & Sellers, Housing Market Updates, Interest Rates
The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on the...