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Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

by Troy Jones | Sep 8, 2023 | Infographics, Pricing

Some HighlightsLast year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no...

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 Median Home Sales Price Is Confusing Right Now

by Troy Jones | Aug 21, 2023 | Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming...

People Want Less Expensive Homes – And Builders Are Responding

by Troy Jones | Aug 17, 2023 | For Buyers, Housing Market Updates, Interest Rates, Pricing

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working...

Home Prices Are Back on the Rise [INFOGRAPHIC]

by Troy Jones | Aug 11, 2023 | For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing

Some HighlightsLooking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound...

Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

by Troy Jones | Aug 4, 2023 | For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Pricing

Some HighlightsWant to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.Where mortgage rates go for the rest of the year will depend on...
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