You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage Bankers Association (MBA) releases… [Read More]
National Real Estate Market Update for 2023
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing… [Read More]
Oops, Home Prices Didn’t Crash After All!
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the housing prices are accelerating… [Read More]
Kings Mill 2022 Market Review
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]
The Woods at Williams Creek 2022 Market Review
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]
Buckhorn 2022 Real Estate Market Review
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]
Buckhorn Estates 2022 Real Estate Market Review
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 Market Review
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]
Cheswick Place 2022 Market Review
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]
2023 Real Estate Market Outlook (And What It Means for You)
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]
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