Category: Housing Market Updates

    • 2 Reports That Say Now Is a Great Time to Sell

      Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials […]
      Written by Keeley Ryan
    • The Housing Market Will “Spring Forward” This Year!

      Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right. Buyer demand […]
      Written by Keeley Ryan
    • Home Prices Up 5.73% Across the Country! [INFOGRAPHIC]

      Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocatin...
      Written by Keeley Ryan
    • No Worries… Home Prices Coming in for a SOFT Landing

      Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing. The previous housing market was fueled […]
      Written by Keeley Ryan
    • Interest Rates Hit New 12 Month Low!

      According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. […]
      Written by Keeley Ryan
    • 3 Reasons Why We Are Not Heading Toward Another Housing Crash

      With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three key metrics that will explain why: Home Prices Mortgage Standards Foreclosure Rates HOME PRICES A […]
      Written by Keeley Ryan
    • 2019 Will Be a Great Year for Buyers AND Sellers

      Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming! NerdWallet’s 2018 Home Buyer Report revealed that: […]
      Written by Keeley Ryan
    • Where Did Americans Move in 2018? [INFOGRAPHIC]

      Some Highlights: Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year. Vermont claimed the top spot of states with the highest percentage of inbound reside...
      Written by Keeley Ryan
    • How To List Your Home for the Best Price

      If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018. The map below shows the results of the latest index by state. Real […]
      Written by Keeley Ryan
    • 3 Things You Need in a Shifting Real Estate Market

      Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on the housing market? If you […]
      Written by Keeley Ryan