NAR reports on the median home sales price, while some other sources use repeat sales prices.
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Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those.
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When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need to know.
A downturn in the housing market was inevitable given higher mortgage rates, acknowledged broker Dick Beeson, but he and others who commented on the latest report from Northwest Multiple Listing Service noted some positives for both buyers and sellers.
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If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more.
Lean on a Professional’s Expertise to Price Your House Right.
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Join us this weekend! You have to see the beauty of this home for yourself.
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Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong today.
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While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low.
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To help make home price trends easier to understand, let’s focus on what’s typical for the market and omit the last few years since they were anomalies.
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This event will show you how to consistently generate leads, cater to them and convert them no mater what the market does.
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Nestled on a fully treed lot, this charming cabin offers a serene retreat with ample parking.
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As a seller, you can feel confident there is a market for your house today. And that demand is pretty strong as buyers settle into where rates are right now.
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The fact that all three reports show prices have been going up for three or more straight months is an encouraging sign for the housing market. The month-over-month data indicates a national shift is happening – home prices are rising again.
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Today’s housing inventory is still well below more normal years.
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When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles.
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If you’re thinking about selling your house, that low inventory is why this is a great time to do so. Buyers have fewer choices now than they did in more normal years, and that’s continuing to impact some key statistics in the housing market.
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“Although at a lower velocity than previous years, low inventory and higher interest rates keep the overall market in a more balanced state as sales keep pace with new and existing inventory..."
- John Deely, executive vice president of operations at Coldwell Banker Bain.
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If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. To help cut through the noise and give you the information you need most, take a look at what the data says.
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