3 Reasons Why We’re Not Headed for a Housing Crash    Highlights An oversupply of homes for sale in 2008 showed that we were in a very strong buyer's market. That's in contrast with today, as there is an undersupply, which keeps us in our long state of being in a seller's market.  Three main sources of inventory show this isn’t like the last time: Existing homes, new homes, and foreclosures. These are all way below the... [read more]

Experts Forecast a Turnaround in the Housing Market in 2023   The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing, and overall market activity is starting to pick up.... [read more]

This is a January 2023 Market Update. If you like this kind of information, be sure to like, share, and follow as I will be sharing more informative videos about the real estate market, as well as home selling and home buying tips! Now I want to start off with the reality of 2022, and that is that the 30-year fixed rate in this country doubled over the last year. We started out at around 3.2% back in January a year ago, and we ended up right at around 6.4% as we wrapped up the... [read more]