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]

The Power of Pre-Approval If you are looking for a residence this spring, you may find the current housing market difficult. With so few homes available and mortgage rates that have rising and falling in between 6% - 7%, it is crucial to have a firm grasp on your budget for purchasing a home. You will also need determination to find the perfect home and respond quickly when the time comes to make an offer. Obtaining pre-approval is one way to better prepare yourself. To comprehend... [read more]

What You Need To Know About Home Price News May 17, 2023   The latest Existing Home Sales Report from the National Association of Realtors (NAR) will come out tomorrow. The information it has about home prices could be confusing and even make for some scary news. All of this is because the NAR will report the median sales price while other home price indices will report the price at which a home was sold again and again. Most of the indices of these repeat sales show that... [read more]

Have Home Values Hit Bottom?     Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. One of the questions that’s on many minds, based on those headlines, is: how much will... [read more]

Why Today’s Appleton Wisconsin Housing Market Isn’t Headed for a Crash   67% of Americans say a housing market crash is imminent in the next three years. Many buyers and sellers that I have spoken with have also thought the same before they finished a great conversation with me. However, I can't blame any of their initial thoughts. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But... [read more]