What does the rest of the year hold for the housing market? Some Points Worth Considering Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage...
Economy Blog Posts
Myths About Today’s Housing Market
Some Points Worth Considering If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices...
What Do Supply and Demand Tell Us About Today’s Housing Market?
There’s a well-known economic theory – the law of supply (Sellers) and demand (Buyers) – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an...
Understanding Mortgage Rates is key
Understanding mortgage rates has a huge impact on selling or buying a home. Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent...
Home Price Appreciation Is Skyrocketing in 2021. What About 2022?
One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices,...
Today’s Housing Market- 5 reasons that it Is Anything but Normal
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from...
Supply and Demand is Still a Lack of Supply, Not a Lack of Demand
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting...
Hope Is on the Horizon for Today’s Housing Shortage
The major challenge in today's housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can't keep up with demand. A normal market...
Why This Is Not Like 2008 Again
During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman...
