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.
The housing market is cooling. There’s really no debate. Things are slowing down. You can mostly thank a doubling in mortgage rates and high home… Read More »Why Is the Housing Market Cooling? And Should We Worry About a Bubble Bursting?
Lately, I’ve been hearing a lot about a “housing correction,” which at first glance looks and sounds kind of bad. Not as bad as say… Read More »What Is a Housing Correction? And Are We In One Now?
If you’re an existing homeowner or an aspiring one, you may have heard the phrase “house poor,” typically uttered by an overextended borrower. It may… Read More »What Does It Mean to Be House Poor?
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
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
