by Tricia Herbert | Aug 16, 2023 | Buyers & Sellers, Foreclosures
The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true...
by Tricia Herbert | Jun 28, 2023 | Buyers & Sellers, Housing Market Updates
You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month,...
by Tricia Herbert | May 10, 2023 | Budget Statistics, Buyers & Sellers, Housing Market Updates, Interest Rates, Market Updates
The current higher interest rate environment in the United States is having an impact on the housing market. Due to the Federal Reserve’s monetary policy changes implemented in March 2022 to curb inflation, interest rates have increased, which has led to higher...
by Tricia Herbert | Feb 16, 2023 | Buyers & Sellers, Housing Market Updates, Pricing
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices. Local price trends still vary...
by Tricia Herbert | Feb 9, 2023 | Buyers & Sellers, Foreclosures, Housing Market Updates
67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is...
by Tricia Herbert | Feb 2, 2023 | Buyers & Sellers, Housing Market Updates
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. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the...
