Blog: Housing Market Trends
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December 30, 2022
Happy New Year! While 2022 may be remembered as a year of housing instability, 2023 will likely become a year of return to normalcy. The NAR (National Association of Realtors) predicts 4.78 million homes to be sold in 2023, down 6.8% from 2022 (5.13 million). Mortgage rates are expected to stabilize a...
December 01, 2022
The housing market run down for the final month of 2022 shows some surprising changes. Mortgage rates, which have been on the rise, have finally become stagnant. While this change might not indicate a trend, it greatly improves purchasing power for potential home buyers. Additionally, newly constructe...
November 03, 2022
As we round the corner into the final months of 2022, home prices are expected to fall due to the recent surge in mortgage rates, however, homeowners are still relocating to more affordable areas.
September 01, 2022
The real estate industry news headlines point toward what experts are coining as the “Housing Recession.” Many homebuyers are struggling to become owners due to high mortgage rates, and this struggle is compounded by experts citing that homes have not been this unaffordable since the late 80s. Finally...
August 04, 2022
Lots of changes have been happening to the housing market over the past month. Learn more on if the housing market could be cooling, and what potential implications come with mortgage rate changes and inflation.
July 01, 2022
With COVID being the center of vigorous change, businesses that rely heavily on real estate trends have been forced to make rapid changes just to survive as the virus throws off the balance of the housing market. Educating ourselves is one of the best actions we can take to make informed decisions to ...
June 08, 2021
Trends still point towards high demand, limited inventory, and homebuyer competition that has contributed to home prices skyrocketing. Although this bubble will certainly pop at some point, experts are still not certain when that will happen.
May 12, 2021
This month, experts harp on the housing market trends and how well the recovery from the pandemic is going to go, they go over a new bill that may introduce many new homebuyers to the market, and they analyze migration trends from the pandemic.
April 13, 2021
The housing market is ever-evolving as the U.S. slowly unshutters its doors with the rollout of the vaccine. Some trends have stayed the same since we reported last month, but some have changed. Dive in to see the latest trends and updates from real estate experts.
March 10, 2021
As we encroach upon the first year anniversary of the World Health Organization declaring Coronavirus a pandemic, we reflect on how COVID-19 has impacted the real estate and housing markets and how it will affect these markets in the future.
February 10, 2021
Check out our latest real estate rundown for trends and an outlook for the 2021 mortgage industry, how Biden's new policies could give a boost for homebuyers and builders, and the stats on how many offers were made sight unseen in 2020.
January 04, 2021
As we ring in the new year, consumers are more hopeful and positive than in months past due to the Coronavirus vaccine. What does this mean for the real estate market?