Key Takeaway Comparing housing market metrics from one year to another can be challenging in a regular housing market – and the last few years have been anything but ordinary. In a way, they were ‘unicorn’ years. Expect unsettling housing market headlines this year, primarily due to unfair comparisons with the ‘unicorn’ years. Let’s connect so I can share the data that puts those Continue Reading
The real estate market is one of our lifetime's most foundationally strong housing markets – if not the most robust. When you look at the numbers today, the one thing that stands out is the strength of this housing market. Here are two fundamentals that prove this point. 1. The Current Mortgage Rate on Existing Mortgages First, let’s look at the current rate on existing mortgages. Continue Reading
You’ve likely seen headlines about foreclosures climbing in today’s housing market. That may leave you with questions, especially considering buying a house. Understanding what they mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, a property data provider, foreclosure filings are up 6% compared to the previous quarter Continue Reading
Home prices, what's going on? The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices. Local Price Trends Local price trends still vary by market. But looking at national data, Nataliya Continue Reading
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. Turnaround Signs for the Housing Market 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, Continue Reading
If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are a Continue Reading
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there are concrete data to show why this is nothing like the last time. There’s Still a Shortage of Homes on Continue Reading
Home price appreciation is also cooling as the housing market cools in response to the dramatic rise in mortgage rates. And if you’re following along with headlines in the media. Then, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most likely to happen moving forward? While opinions Continue Reading
The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on professionals for insights. Here are a few things experts are saying about the fall housing Continue Reading
124 Hudson Street
New York NY, 10013
