Commentary on the latest housing market news, with a focus on home prices, buying and selling conditions, and if another housing crisis is right around the corner. Also helpful home seller and home buyer tips.
As mortgage rates continue their ascent toward 6%, more and more folks are talking housing market crash. But high interest rates aren’t really a catalyst… Read More »Why You Might Not Want to Get Too Excited (or Nervous) About a Housing Crash
How’s this for a dramatic headline: “Home prices are falling!” But before you get too excited, assuming you’re a prospective home buyer, there are some… Read More »Are Home Prices Falling? The Devil Is in the Details
We’ve got 5% mortgage rates and record high home prices. Does this mean the seller’s market is finally over? You would think so, given the… Read More »Now That We’ve Got 5% Mortgage Rates, Is the Seller’s Market Finally Over?
They say real estate is cyclical, much like the stock market and the wider economy. It ebbs and flows, goes up and down, experiences booms… Read More »Are We Near the Peak of the Current Housing Cycle?
Now that 30-year fixed mortgage rates are flirting with 5%, there’s been quite the uptick in housing bubble chatter. The basic reasoning is because interest… Read More »Are the Housing Bears Being Too Rational?
If you’re a prospective home buyer, you need to prepare for the worst. And by worst, I mean a much higher-than-anticipated asking price. Maybe not… Read More »If You Want to Buy a Home, Adjust Your Max Purchase Price Filter a Lot Lower
Monthly Mortgage Payments Have Just Hit the Highest Level on Record, Surpassing Housing Bubble Heights
If you’re in the market to buy a home or refinance an existing mortgage, you know conditions aren’t ideal at the moment. Heck, the 30-year… Read More »Monthly Mortgage Payments Have Just Hit the Highest Level on Record, Surpassing Housing Bubble Heights
You may have heard that home buying sentiment is horrible at the moment, what with home prices and mortgage rates rising in tandem. The continued… Read More »Number Who Say It’s a Good Time to Buy a Home Hits an All-Time Low, However…
These days, prospective home buyers are spending a lot more time looking at homes virtually rather than in person. This was a trend before COVID-19… Read More »How Many Homes Should I Look at Before I Buy? One Could Be Enough But More Is Definitely Better