Housing Market Forecasts for the Second Half of the Year
From rising home prices to mortgage rate swings, the housing market has left a lot of people wondering what’s next – and whether now is really the right time to move.
From rising home prices to mortgage rate swings, the housing market has left a lot of people wondering what’s next – and whether now is really the right time to move.
The first thing you should know is that, in most markets, things have slowed down a little bit. While you may remember how quickly homes sold a few years ago, that’s not what you should expect today.
With all the uncertainty in the economy, the stock market has been bouncing around more than usual.
Saving up to buy a home can feel a little intimidating, especially right now. And for many first-time buyers, the idea that you have to put 20% down can feel like a major roadblock.
Talk about the economy is all over the news, and the odds of a recession are rising this year.
For a long time, the housing market was all sunshine for sellers. Homes were flying off the shelves, and buyers had to compete like crazy.
When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market.
It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great.
At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”
Let’s talk about something you might not check nearly as often as your bank account – and that’s how much your home is worth.