Market Update: Where can home prices go from here?

Market Update: Where can home prices go from here?

The Big StoryWhere can home prices go from here? Quick Take:-Home prices appreciated faster in 2021 than at any other time, even surpassing the 2004–2006 housing bubble.-Home prices will probably decrease before returning to a more reasonable growth rate.-Home prices in the last 20 years increased at more than twice the rate of the median […]

Sellers Have Incredible Leverage in Today’s Market

Sellers Have Incredible Leverage in Today’s Market

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further […]

What does the future hold for home prices?

What does the future hold for home prices?

If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall?To answer that question, […]

Closing costs

Closing costs

Closing costs are the fees associated with closing a real estate deal, and both the buyer and seller are typically responsible for some of them. In some cases, a closing cost credit may be given as a result of price negotiations. 

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