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Expert Home Price Forecasts Revised Up for 2023

by Troy Jones | Sep 5, 2023 | Housing Market Updates, Pricing

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the...

Why It’s Still a Seller’s Market Today

by Troy Jones | Sep 4, 2023 | For Sellers, Housing Market Updates, Selling Myths

Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you? And why are conditions today so good if you want to...

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

by Troy Jones | Sep 1, 2023 | For Sellers, Housing Market Updates, Infographics

Some HighlightsYour 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...

How Inflation Affects the Housing Market

by Troy Jones | Aug 31, 2023 | For Buyers, For Sellers, Housing Market Updates, Interest Rates

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship Between Housing Inflation and...

Buyer Traffic Is Still Stronger than the Norm

by Troy Jones | Aug 30, 2023 | Demographics, For Sellers, Housing Market Updates, Selling Myths

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it.The...

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

by Troy Jones | Aug 25, 2023 | For Sellers, Housing Market Updates, Infographics, Selling Myths

Some HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If...
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