While some local markets are experiencing slight declines in home prices, nationally, they are rising, with a 2.1% increase over the past year. Most homeowners remain secure, with 96% seeing value growth since purchase. This data counters negative headlines, indicating only specific areas are correcting and not a nationwide collapse.
Tag Archives: home prices
The 3 Housing Market Questions Coming Up at Every Gathering This Season
In the current housing market, there are more homes for sale, improving buyer options and affordability due to easing mortgage rates and moderated price growth. Experts suggest that waiting for prices to drop may not be wise. Understanding these trends can help potential buyers make informed decisions about their home purchase.
Would You Let $80 a Month Hold You Back from Buying a Home?
Many potential homebuyers are waiting for mortgage rates to drop to the 5% range. However, current rates around 6% have already saved buyers nearly $400 monthly compared to earlier this year. Experts predict rates will remain stable, making waiting potentially costly as competition could drive prices higher. Act now for better opportunities.
Is the Housing Market Going to Crash? Here’s What Experts Say
Current data suggests that home prices will not crash but continue to rise nationally over the next five years. Experts predict a 15% increase overall, with even the most pessimistic forecasts indicating a 5% rise. Supply shortages are maintaining upward pressure on prices, leading to stable, long-term appreciation.
Why Some Homes Sell Quickly – and Others Don’t Sell at All
Inventory levels of homes for sale have risen nearly 20% compared to last year, with many active listings lingering unsold. To sell quickly, homes must be competitively priced, show well, and be marketed effectively. Engaging a knowledgeable agent can significantly expedite the selling process in today’s market.
2026 Housing Market Outlook
In 2026, the housing market is expected to become more active as sales rise, driven by easing mortgage rates and moderate home price growth. While the overall trend indicates a slight decrease in rates, affordability will improve, allowing more people to move. Experts predict a healthier market, offering significant opportunities for buyers.
Why Buyers and Sellers Face Very Different Conditions Today
The housing market is currently divided by state. Some areas favor buyers with increased inventory, while others benefit sellers due to low stock. Home prices and selling times reflect this divide, influencing market dynamics. Understanding local conditions is crucial, as they vary significantly. Consult a local agent for tailored insights.
3 Reasons Affordability is Showing Signs of Improvement this Fall
For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of them. But there’s some encouraging news. If you’ve been waiting forContinue reading “3 Reasons Affordability is Showing Signs of Improvement this Fall”
Why 50% of Homes Are Selling for Under Asking and How to Avoid It
The housing market has shifted from a seller’s frenzy to a more normalized state, with about 50% of homes now selling below asking prices. Sellers must adjust pricing strategies and prepare homes carefully to maximize chances of selling at favorable prices. Understanding market dynamics is crucial for successful sales today.
Today’s Tale of Two Housing Markets
The housing market is currently divided, with some regions favoring buyers while others benefit sellers. In the Northeast and Midwest, demand exceeds supply, leading to rising prices. Conversely, the South and West feature more homes than buyers, causing prices to soften. Local insights are essential for navigating these differing conditions effectively.
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