Why Home Prices Keep Going Up   If you've ever considered purchasing your own home or selling your current home to upgrade, you're familiar with the emotional rollercoaster that fluctuating home prices can create. It is a story of financial goals, uncertainty, and a touch of anxiety that many have experienced. However, if you put off relocating out of concern that home prices will decline, you should know that they will not. In fact, the opposite is true. National... [read more]

The Return of Normal Seasonality for Home Price Appreciation   One of the most important things you probably want to know right now if you want to move is what's going on with home prices. Home prices aren't going down across the country, despite what you may be hearing in the news. It's just that price rise is starting to return to normal. This is the background you need to fully grasp that trend. There are certain waves that happen every year in the housing... [read more]

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]   Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too. Want... [read more]

Why Today’s Housing Market Is Not About To Crash Some people are worried that the home market is going to crash soon. And it's easy to see why this worry has come up, given how hard it can be to buy a house and how much the media talks about the possibility of a recession. But the numbers show that the market is very different now than it was before the 2008 housing crash. Don't worry, this is not the same thing that happened back then. This is why. Loans Are Harder... [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]