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Housing Market Updates

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Experts Increase 2022 Home Price Projections

August 17, 2022 by Daniel Bayla

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. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price …

Read moreExperts Increase 2022 Home Price Projections

What Would a Recession Mean for the Housing Market?

August 16, 2022 by Daniel Bayla

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a …

Read moreWhat Would a Recession Mean for the Housing Market?

The U.S. Homeownership Rate Is Growing

August 15, 2022 by Daniel Bayla

The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, …

Read moreThe U.S. Homeownership Rate Is Growing

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]

August 12, 2022 by Daniel Bayla

Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures …

Read moreWhy Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]

What Does the Rest of the Year Hold for Home Prices?

August 11, 2022 by Daniel Bayla

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. …

Read moreWhat Does the Rest of the Year Hold for Home Prices?

Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

August 10, 2022 by Daniel Bayla

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your …

Read moreIs the Shifting Market a Challenge or an Opportunity for Homebuyers?

Why the Forbearance Program Changed the Housing Market

August 8, 2022 by Daniel Bayla

When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis …

Read moreWhy the Forbearance Program Changed the Housing Market

Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

August 5, 2022 by Daniel Bayla

Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years. Let’s connect …

Read moreHousing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

Why It’s Still a Sellers’ Market

August 4, 2022 by Daniel Bayla

As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still anything but normal. Even though …

Read moreWhy It’s Still a Sellers’ Market

3 Graphs To Show This Isn’t a Housing Bubble

August 2, 2022 by Daniel Bayla

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is, …

Read more3 Graphs To Show This Isn’t a Housing Bubble

Three Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC]

July 29, 2022 by Daniel Bayla

Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes …

Read moreThree Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC]

A Real Estate Professional Helps You Separate Fact from Fiction

July 28, 2022 by Daniel Bayla

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. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk …

Read moreA Real Estate Professional Helps You Separate Fact from Fiction
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