Posts from: Housing Market
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by John Dolan 11/29/2023
If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in unemployment…
by John Dolan 11/28/2023
When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of…
by John Dolan 11/22/2023
If you’re feeling a bit muddy about home prices, that’s no surprise. Some people still say prices are falling, even though data proves otherwise. Part of that misconception is that people get their information from unreliable sources. But it’s also coming from some…
by John Dolan 11/21/2023
If you’re looking to move, you want to be sure you have the latest information on the housing market. To help make that possible, here’s an update on today's supply of homes for sale. Whether you’re looking to buy or sell, the number of homes available in your local…
by John Dolan 11/17/2023
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…
by John Dolan 11/16/2023
You might think there aren't many people buying or selling homes right now since affordability is tighter than it's been in quite some time, but that's not the case. Buying a home has become more expensive over the past couple of years, but people are still moving. If…
by John Dolan 11/15/2023
The new year is right around the corner, and you might wonder 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 say about what's ahead for the housing market. Spoiler…
by John Dolan 11/14/2023
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.
by John Dolan 11/2/2023
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way?
by John Dolan 10/31/2023
If you've been following the news recently, you might have seen articles about increased foreclosures and bankruptcies. That could make you feel uneasy, especially if you're thinking about buying or selling a house.
by John Dolan 10/30/2023
Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you've even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home.
by John Dolan 10/23/2023
If you've ever dreamed of buying your own place or selling your current house to upgrade, you're no stranger to the rollercoaster of emotions that changing home prices can stir up. It's a tale of financial goals, doubts, and a dash of anxiety that many have been through.
by John Dolan 10/20/2023
f you're wondering what’s happening with home prices, know they’re still rising at a slower pace – and that’s perfectly normal for this time of year. Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and…
by John Dolan 10/11/2023
Are you thinking about making a move? If so, all the speculation that home prices would crash this year may have you feeling a bit on edge about your decision. Let the data and the experts reassure you. Prices aren’t in a downward spiral and will actually finish the year…
by John Dolan 09/29/2023
Wondering why the supply of homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.
by John Dolan 09/27/2023
You might remember the housing crash in 2008, even if you didn't own a home. If you’re worried there will be a repeat of what happened back then, there's good news – the housing market now differs from 2008.
by John Dolan 09/26/2023
If you’re considering moving, one of your biggest questions right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s…
by John Dolan 09/14/2023
One question that’s top of mind if you’re considering moving today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why.
by John Dolan 09/8/2023
Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low. While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer…
by John Dolan 09/6/2023
If you hope to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of…
by John Dolan 09/5/2023
Toward the end of last year, there were a number of headlines saying home prices would fall substantially in 2023. That led to a lot of fear and questions about whether there would be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong.
by John Dolan 08/31/2023
Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.
by John Dolan 08/23/2023
The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission…
by John Dolan 08/21/2023
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 release,…
by John Dolan 08/18/2023
With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would…
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