Nancy’s News

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it.

The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission-critical if you want to know the truth about what’s happening today.

But according to experts, the key factors that determine housing affordability are projected to improve this year.

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.

Today, the rate of inflation is starting to drop. And as a result, mortgage rates have dipped below last year’s peak.

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession.

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences.

You may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you.

In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023?

If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus.

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today.

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more.

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position.

Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy.

Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about when making that decision.

If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools.

One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market.

As you weigh your options, especially in the face of inflation and talk of a recession, it’s important to understand your assets and how you can leverage them.

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends.

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble.

While there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly.

As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well.

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights.

The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your […]

Saving for your down payment is an important first step on your homebuying journey. Let’s connect today and make sure you have a trusted lender to help explore your options.

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home.

Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result.

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each […]

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and […]

Experts are calling for home prices to appreciate next year, although at a slower pace than the previous three years.

While some overheated markets may experience price depreciation in the short term, according to experts, the national real estate market will appreciate in the coming year.

The big takeaway is home prices haven’t fallen or depreciated nationwide, they’re just decelerating or moderating.

One of the key reasons why the market won’t crash this time is the current undersupply of inventory. Housing supply comes from three key places...

While the housing market has cooled from its overheated frenzy, it’s still a sellers’ market. Let’s connect so you understand what’s happening with buyer demand and home prices in our local area as you get ready to enter the market.

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know.

There are several benefits to owning your home. A significant one, especially when inflation is high like it is today, is that homeownership can help protect you from rising costs.

Experts say nationally, prices will continue to appreciate this year, just at a more moderate pace.

While easing, data shows multiple-offer scenarios are still happening – they’re just not as intense as they were over the past year.

The forbearance program was a game changer for homeowners in need. It’s one of the big reasons why we won’t see a wave of foreclosures coming to the market.

If you’re worried we’re making the same mistakes that led to the housing crash, the graphs in this article should help alleviate your concerns.

If you’re thinking about moving, one of these reasons might be a top motivator for you.

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture.

If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year.

Over the last two years, the rate of home prices appreciated at a dramatic pace.

With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008.

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home?

Concerns of a recession are rising. As the economy slows down, history tells us this would likely mean lower mortgage rates for those looking to refinance or buy a home.

It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years.

But the feelings it brings about – success, freedom, and a sense of prosperity – are universal.

A majority of experts agree we’re not in a housing bubble. That’s because home price growth is backed by strong housing market fundamentals and lending standards are much tighter today.

Because there’s an ongoing imbalance between the number of homes available for sale and the number of buyers looking to make a purchase, home prices are on the rise.

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices.

If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting?

Americans’ opinion on the value of real estate as an investment is climbing. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go?