by Troy Jones | Jun 20, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home...
by Troy Jones | Jun 16, 2023 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Pricing
Some HighlightsIf you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years.That means...
by Troy Jones | Jun 14, 2023 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how...
by Troy Jones | Jun 13, 2023 | For Buyers, For Sellers, Foreclosures, Housing Market Updates, Infographics, Pricing
Some HighlightsComparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years.Expect unsettling housing market headlines this year,...
by Troy Jones | Jun 12, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over...
by Troy Jones | Jun 5, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing
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...
Recent Comments