Housing Market + Economy

Sept. 8, 2023

Home Price Forecasts Revised for 2023

Some Highlights

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Aug. 21, 2023

Where Are People Moving Today and Why?


Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where …

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July 31, 2023

Key Housing Market Trends

Some Highlights

  • If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market.
  • Housing inventory is still very low, prices are climbing back up, and homes are selling fast when priced right.
  • If you want more information about our local area and …
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July 27, 2023

Don’t Fall for the Next Shocking Headlines About Home Prices

If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how  …

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June 26, 2023

Why the Median Home Price Is Meaningless in Today’s Market


The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a …

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June 14, 2023

Are Home Prices Going Up or Down? That Depends…


Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods …

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June 12, 2023

Real Estate Is Still Considered the Best Long-Term Investment


With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th …

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June 8, 2023

This Real Estate Market Is the Strongest of Our Lifetime


When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals …

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June 7, 2023

The Main Reason Mortgage Rates Are So High


Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: 

  1. Why Are Mortgage Rates …
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June 6, 2023

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. 

Comparing this year’s …

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