Housing Market Updates Archives - Page 3 of 6 - Joe Fernald

20231218-Why-Now-Is-Still-a-Great-Time-To-Sell-Your-House

If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there. The housing market isn’t as frenzied as it was during the ‘unicorn’ years when buyer demand was through the roof, mortgage rates were historically low, and home values rose like we’ve

Experts Project Home Prices Will Rise over the Next 5 Years

December 4, 2023

Buying Myths, For Buyers, For Sellers, Housing Market Updates, Selling Myths

0 Comments

Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next

3-Reasons-To-Sell-Your-House-Before-The-New-Year-KCM-Share

3 Reasons To Sell Your House Before the New Year [INFOGRAPHIC]

December 1, 2023

For Sellers, Housing Market Updates, Infographics, Selling Myths

0 Comments

Some Highlights Here are a few reasons you may not want to hold off until the new year to sell your house. Buyers looking right now are highly motivated, the supply of homes for sale is still low, and you may find buyers are more flexible with showings this time of year. Reach out to

Is Owning a Home Still the American Dream for Younger Buyers?

November 30, 2023

Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates

0 Comments

Everyone has their own idea of the American Dream, and it’s different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below):

20231129-Why-the-Economy-Wont-crash-the-housing-market

Why the Economy Won’t Tank the Housing Market

November 29, 2023

Housing Market Updates

0 Comments

If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in unemployment would lead to a rash of foreclosures

Are the Top 3 Housing Market Questions on Your Mind?

November 28, 2023

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths

0 Comments

When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making a

Is Wall Street Buying Up All the Homes in America?

November 27, 2023

Buying Myths, For Buyers, Housing Market Updates, Move-Up Buyers

0 Comments

If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision. If that’s the case, you’ve probably heard mention of investors, and wondered how they’re impacting the housing market right now. That

Home Prices Still Growing – Just at a More Normal Pace

November 22, 2023

For Buyers, For Sellers, Housing Market Updates, Pricing

0 Comments

If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise. Some people are still saying prices are falling, even though data proves otherwise. Part of that misconception is because people are getting their information from unreliable sources. But it’s also coming from some media coverage misrepresenting what the data really

Are There Actually More Homes for Sale Right Now?

November 21, 2023

Buying Myths, For Buyers, For Sellers, Housing Market Updates, Selling Myths

0 Comments

If you’re looking to make a move, you want to be sure you have the latest information on the housing market. To help make that possible, here’s an update on the supply of homes for sale today. Whether you’re looking to buy or sell, the number of homes available in your local market matters to

2024 Housing Market Forecast [INFOGRAPHIC]

November 18, 2023

For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing

0 Comments

Some Highlights Thinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help make homeownership a good investment. Plus, home sales are projected to increase in 2024.