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Why We Aren’t Headed for a Housing Crash

Why We Aren’t Headed for a Housing Crash

by Patria Pichardo | Feb 29, 2024 | Housing Market Updates, Interest Rates, Pricing

If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market is very...
Expert Home Price Forecasts for 2024 Revised Up

Expert Home Price Forecasts for 2024 Revised Up

by Patria Pichardo | Feb 22, 2024 | Housing Market Updates, Pricing

Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. So, let’s see exactly how experts’ thinking has shifted – and what’s caused the...
Don’t Let the Latest Home Price Headlines Confuse You

Don’t Let the Latest Home Price Headlines Confuse You

by Patria Pichardo | Feb 15, 2024 | Housing Market Updates, Pricing

Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year....
3 Key Factors Affecting Home Affordability

3 Key Factors Affecting Home Affordability

by Patria Pichardo | Jan 18, 2024 | Buyers, Buying Myths, Move-Up Buyers, Pricing

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more...
People Want Less Expensive Homes – And Builders Are Responding

People Want Less Expensive Homes – And Builders Are Responding

by Patria Pichardo | Aug 17, 2023 | Buyers, 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...
Why Buying a Home Is a Sound Decision

Why Buying a Home Is a Sound Decision

by Patria Pichardo | Mar 23, 2023 | Buyers, First Time Home Buyers, Move-Up Buyers, Pricing

If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home...
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