Found 4 blog entries tagged as Housing Market.

What's Ahead For Home Prices?

This fall has been a rocky one for financing. With the federal reserve continuing to raise interest rates, borrowers are facing more higher financing costs than in the past several years. We understand that there is a lot of uncertainty in today's market and wanted to share the latest perspectives from economists. Much of our content regarding market fluctuations discusses historic trends in housing and economics and we want to reinforce that when other sectors of the market are more volatile, it does not necessarily mean that housing suffers as well. Let's look at what the market is doing and what the experts are forecasting.

What goes up must come down

Interestingly and not necessarily very reassuring are…

480 Views, 0 Comments

Will my Home Still Sell in This Market?

The past few years have been a really wild ride for sellers and buyers. During the pandemic, mortgage rates were at record lows, supply shortages compounded already constricted inventory levels, and buyers were buying anything and everything that came on the market. The market has now cooled off a bit and to combat inflation, mortgage rates are up. What does that mean for today's seller? We pride ourselves on providing honest estimations of what our clients should do as buyers and sellers, and we are offering this market analysts to help you make the right decision, for you and your family at this moment. If you would like to discuss your unique case, contact us to strategize further.
SHOWTIME

328 Views, 0 Comments

Will Surging Unemployment Crush Home Sales

Ten million Americans lost their jobs over the last two weeks.

The next unemployment rate will be announced on May 8th. It is expected to be in the double digits. Due to the health crisis; the economy has essentially come to a screeching halt; and many are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained that the government is trying to find ways to assist both those who have lost their jobs as well as  the companies which were forced to close (think: your neighborhood restaurant). In a recent interview he said:

"This is a planned, organized partial shutdown of the U.S. economy in the second quarter. The overall goal is to keep everyone, households and businesses, whole."

1069 Views, 0 Comments

Five Simple Graphs

Market Chatter

There are already no shortage of experts weighing in on the future real estate market, and there is little doubt that over the coming months there's going to be considerably more. As everyone reading this already knows; I have a crystal ball, it's my secret power that allows me to sell real estate and write real estate blogs. Now that my secret has been disclosed here are a few things to keep in mind over the coming month. *

Why the Housing Market isn't Likely to Crash Like Last Time!

  • None of the "experts" has a crystal ball and not one of them has been through this before. 
  • Mortgage Requirements are much tougher now than they were leading up to the 2008 Crash.
  • Appreciation has remained around 5% annually rather…

1214 Views, 0 Comments