2022 Macro Review Recapping our predictions for 2022 – At the beginning of the year, we reminded readers that all market conditions are transitory. The Only Constant in Real Estate is Change. The sellers’ market would have to cool off eventually. We assessed that certain market factors would work to support pricing; low inventory, new… [Read More]

  2022 Macro Review Recapping our predictions for 2022 – At the beginning of the year, we reminded readers that all market conditions are transitory. The Only Constant in Real Estate is Change. The sellers’ market would have to cool off eventually. We assessed that certain market factors would work to support pricing; low inventory,… [Read More]

  Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 While some market sectors have responded slowly, the housing market has reacted accordingly. Both demand and… [Read More]

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is it’s no longer enough to stick a “for sale” sign… [Read More]

Deciding whether to jump into the housing market or rent instead is rarely easy, especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership. A real estate boom during the pandemic pushed home prices to an all-time high.1 Add… [Read More]

Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1 This climate has been unsettling for some homebuyers and sellers. However, with proper planning, you can work toward qualifying… [Read More]

The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had hoped 2022 would bring… [Read More]

Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1 Fortunately, if you’re a… [Read More]