There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a […]
Why the Forbearance Program Changed the Housing Market
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 […]
Homebuyers In Lapeer Have An Opportunity
Homebuyers In Lapeer Have An Opportunity Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the Lapeer housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But […]
A Window of Opportunity for Homebuyers
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t […]
The Housing Market in Davison, is Still Seeing Ongoing Price Appreciation
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported […]
What Does An Economic Slowdown Mean For The Housing Market In Davison MI?
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings […]
Oxford MI Real Estate | How A Lack Of Inventory Impacts The Housing Market
Oxford MI Real Estate | How A Lack Of Inventory Impacts The Housing Market In the last 30 days, 38 homes have sold at an average price increase of 5.0% over last year at this time and sold within 18 days on market. These sales figures have affected your home value here in Oxford. The […]
More Housing Markets Move Into “Buy” Zone
The U.S. housing market is moving deeper into “buy territory,” which indicates that the majority of housing markets remain a sound investment, according to a newly released national index by Florida Atlantic University and Florida International University. “Housing prices, in general, continue to slow and when considered in light of the recent trends in the […]
Home Prices Maintain Strong Growth
Home Prices Maintain Strong Growth Tight inventories of homes for sale helped push home prices higher in the first quarter. The median price of existing single-family homes rose in 87 percent or 154 of 178 of the major metro areas across the U.S. in the first quarter, according to the latest quarterly report by the […]
First-Time Buyers Love These Home Features
First-Time Buyers Love These Home Features … Real estate professionals are bullish on the housing market this spring, particularly due to the growing number of first-time home buyers entering the market. In its 2016 Mid-Atlantic Housing Market Survey, MRIS – one of the nation’s largest multiple listing services – found that 57 percent of nearly […]