Tag: Housing Market

Housing Market: Will prices drop?

Housing Market: Will prices drop?

After the pandemic created chaos in every sector of business throughout America, the housing market looks like it may finally calm down this year. Since the start of the pandemic the cost of houses has risen by 32% to 39%. The average ... MORE
Housing Market, News
Is the housing market finally cooling off? 15% of sellers cut prices in April

Is the housing market finally cooling off? 15% of sellers cut prices in April

The housing market in the United States is on the cusp of change. While some experts have long-predicted a crashing of prices — the reality is that a ‘new normal’ has established itself. Mortgage rates have increased, but that doesn’t mean fewer ... MORE
Housing Market, News
Housing Market: Is there about to be a rebound?

Housing Market: Is there about to be a rebound?

The possibility of a rebound for the housing market exists, but it depends on how those selling and those buying handle the rising rates. Data from Realtor.com shows a positive shift in April, and if it continues then there could be inventory ... MORE
Housing Market, News
Housing Market: Do these things to increase your home price by $1000s

Housing Market: Do these things to increase your home price by $1000s

The housing market has been volatile since the pandemic began, and now millions of Americans are doing the most they can to get the best offer for their home. You want your home to leave a good impression on buyers, helping them ... MORE
Housing Market, News
Housing market: Forecast features high prices and interest rates

Housing market: Forecast features high prices and interest rates

Over a decade of under-building has prompted a housing market crisis in the United States. Homes are selling for tens-of-thousands of dollars over valuation — and buyers are being priced out of previously affordable markets. For months, the Federal Reserve has banked ... MORE
Housing Market: What will prices of houses be in 2023?

Housing Market: What will prices of houses be in 2023?

Interest rates on home loans continue to rise, which has some housing market experts thinking prices could drop in 2022-23. In 2021, the housing market exploded, raising the prices of homes more than in 2007 during the financial collapse. According to AS ... MORE
Housing Market: Rising mortgage rates won’t lower home prices, as housing crisis looms

Housing Market: Rising mortgage rates won’t lower home prices, as housing crisis looms

Higher mortgage rates and a red hot housing market have brought challenges to residents in parts of the United States, but have done little to cool the market. For the first time since 2011 mortgage rates in the U.S. hit 5%. According ... MORE
Housing market: Don’t skip the home inspection when selling a home

Housing market: Don’t skip the home inspection when selling a home

The housing market is currently the most competitive it’s been in years, meaning sellers may be cutting corners to get the process done fast. One way they’re choosing to do this is by skipping the home inspection entirely when selling their home ... MORE
Housing crisis: Americans are overpaying for homes, affordable housing is gone

Housing crisis: Americans are overpaying for homes, affordable housing is gone

The housing market is on fire. Mortgage rates are still low, even as interest rates begin to rise. Many say a housing crisis is imminent. Does it mean there’s a housing bubble looming? Will millions of Americans lose their homes, or become ... MORE
Housing market: Best time to sell a home before bubble bursts

Housing market: The best time to sell is now, before bubble bursts

The housing market is sizzling hot for sellers, but home buyers are struggling. Researchers from the Dallas Fed wrote that a housing bubble could be looming, which would be catastrophic for the United States economy. Housing: Rising mortgage rates will worsen market, ... MORE
Housing: What happens now that home sales are sinking?

Housing: What happens now that home sales are sinking?

Housing markets across the U.S. typically gain momentum during the spring months. However, four straight months of decline in ‘pending sales’ has many economists worried. Is the housing bubble about to burst? Is affordable housing completely out of reach for the average ... MORE
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Housing market started to slow for New York State in September

The Association of Realtors announced that despite home prices climbing for the 17th month in a row in New York, for the first time sales have declined. Demand is greater than supply, and those selling their homes are getting great returns. In ... MORE
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Are we experiencing a housing market boom or bubble? Experts say boom, and here’s the difference

Experts believe the historical changes are shaping the housing market into a boom- not a bubble. The median price for a home had reached $363,000 in June of 2021, which is a 23.4% year over year increase in price. Growth like this ... MORE
Business, Housing Market, News
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Rent or buy: Americans are stuck in housing limbo as home prices soar

Renters are finding themselves caught in the middle as the housing market continues to boom and apartments slowly become unaffordable. A couple living in East Greenwich, Rhode Island recently opted to purchase a home after deciding to get married. “Our mindset last ... MORE
Business, Housing Market, News
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Will the housing market bubble burst? A housing market crash is unlikely as home prices continue to rise

Right now the United States is seeing some of the lowest interest rates and limited inventories in the housing market. That on top of city dwellers looking to escape crowded living situations amid a pandemic have aided in a historical rise is ... MORE
Business, Housing Market, News