Pricing Archives - Page 2 of 3 - Joe Fernald

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.

The Latest 2024 Housing Market Forecast

November 16, 2023

For Buyers, For Sellers, Housing Market Updates, Pricing

0 Comments

The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what’s ahead for the housing market. Spoiler alert:

20231114-Home-Prices-Keep-Climbing-in-Most-Markets

These Top Cities Show Home Prices Are Still Climbing

November 15, 2023

For Buyers, For Sellers, Housing Market Updates, Pricing

0 Comments

If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today. Here’s what you need to know. There’s still a lot of confusion and misinformation out there. So, no matter what you may have heard, the

Have Home Values Hit Bottom?

January 18, 2023

For Buyers, For Sellers, Pricing

0 Comments

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.

The Real Reason Home Prices are Increasing

November 30, 2017

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

0 Comments

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are

A Housing Bubble? Industry Experts Say NO!

November 9, 2017

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing

0 Comments

With residential home prices continuing to appreciate at levels above historic norms, some are questioning if we are heading toward another housing bubble (and subsequent burst) like the one we experienced in 2006-2008. Recently, five housing experts weighed in on the question. Rick Sharga, Executive VP at Ten-X: “We’re definitely not in a bubble.” “We

Multigenerational Households May Be the Answer to Price Increases

November 7, 2017

For Buyers, For Sellers, Move-Up Buyers, Pricing

0 Comments

Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com, “Nearly 1 in 5 Americans is now living in a multigenerational household – a household with two or more adult generations, or

Low Inventory Causes Home Prices to Maintain Fast Growth

November 6, 2017

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing

0 Comments

The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros. Lawrence Yun, Chief Economist at

The #1 Reason to List Your House, NOW!

October 25, 2017

For Buyers, For Sellers, Move-Up Buyers, Pricing

0 Comments

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and think that now is not a good time to sell their house, but in fact,

Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC]

September 29, 2017

First Time Home Buyers, For Buyers, Infographics, Interest Rates, Millennials, Move-Up Buyers, Pricing

0 Comments

Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 4.4% by next year. CoreLogic predicts home prices to appreciate by 5.0% over