According to the latest S&P Case-Shiller Home Price Index, home prices continue to slow, though they remain 7.7 percent above year-before levels.The S&P Case-Shiller Home Price Index is among the most closely watched measures of U.S. home prices. The index, which tracks both monthly and annual ch
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02/01/2023
Oh no, the real estate market’s shifting! Is it a “bubble” about to pop? Will prices come crashing down? How much higher will mortgage rates go? Will they come down again? Is it a buyers’ market, or are sellers still in the driver seat?All of that may sound custom tailored to the current market,
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01/27/2023
Every industry has jargon an outsider wouldn’t understand, and probably doesn’t need to know. But real estate is a field where almost every “outsider” needs a bit of insider knowledge in order to successfully buy, sell, or rent a place to live a few times in their lives.For instance, you could go
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01/24/2023
If you’re a renter, you’re probably well aware that rents went up more than 20% over the past few years, but your income most likely didn’t increase by nearly as much. So this realtor.com article probably sounds like promising news when the headline claims that rent prices are finally falling in
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01/18/2023
People were flocking to buy a house when it was possibly one of the most difficult times in history to do so. Sure, interest rates were super low, but that’s about the only thing buyers had in their favor.Competition was fierce, since there were so many buyers and not enough houses to satisfy dem
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01/13/2023
People have a lot of preconceived ideas about what it means to buy a new construction home, and whether buying a new construction home is a good investment.But the problem is, many of those preconceived ideas simply aren’t true, and those myths are holding back buyers from exploring buying new co
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01/10/2023
It’s natural for people to be concerned that they’re buying a house when prices are at their peak, and people worry about that in almost any market. So when you start hearing news about the market shifting, and home prices coming down, you might wonder if your house is worth less than you paid fo
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01/04/2023
If you’ve been thinking about selling soon, you’re probably leaning toward doing so when the spring market rolls around, since it’s often considered the best time of year to sell a house. However, you might want to reconsider what constitutes the “best” time for you to sell your house.It’s hard t
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12/27/2022
Many members of the Millennial and Gen Z generations would love to buy a house of their own. But according to this CNBC article, they simply can’t afford to do so.Not only can they not afford to buy a house, many are moving back in with their parents, as Forbes recently reported, due to inflation
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12/22/2022
Plenty of people are trying to take a stab at real estate predictions and what the real estate market will do in 2023. Is there a bubble waiting to pop? Will prices crash? How much higher will mortgage rates get?Real Estate Predictions So far, if you read through all of the real estate predicti
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12/12/2022