by Brent Knapp | Housing Market Updates, Pricing
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the...
by Brent Knapp | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming...
by Brent Knapp | For Buyers, Housing Market Updates, Interest Rates, Pricing
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing
Some HighlightsLooking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing
Some HighlightsWant to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.Where mortgage rates go for the rest of the year will depend on...
by Brent Knapp | For Sellers, Market Updates, Pricing
While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of...