Housing Market

Don’t Hold Your Breath for 3% Mortgage Rates

In 2022, the Federal Reserve attempted to curb inflation by taking action, causing mortgage rates to soar from the 2021 record lows and reach over 7% in October. This reduced hopeful buyers’ purchasing power and many chose to ...
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What Past Recessions Tell Us About the Housing Mar...

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each ...
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What To Expect From the Housing Market in 2023

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try ...
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3 Trends That Are Good News for Today’s Homebuye...

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak ...
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Experts Increase 2022 Home Price Projections

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, ...
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