The data is in, and the market is indeed trending towards normal patterns. However, with rising mortgage rates, tightening inventory, and the pandemic’s rush of activity behind us, many people are understandably cautious about both buying and selling right now. But...
We said last month that the real sentiment of the so-called summer slump was “See you in September” and industry news is starting to sing the same tune. At this point it’s still based on anecdotal evidence, but across media outlets the news is that normalcy has...
Feeling sluggish from this summer heatwave? You’re not alone. The housing market is right there with you. Across the country, housing sales activity slowed throughout August, continuing what many analysts have dubbed a “summer slump.” But we’re not discouraged by...
As interest rates rise and inflation looms, economic uncertainty is certainly affecting the housing market nationwide. While it’s easy to generalize negatively and extrapolate the effects, it’s not all as scary as it might seem. That’s why we’re here – to dig into the...
What Happened in Real Estate in June 2022 Skyrocketing home prices, historically low mortgage rates, and a lack of inventory may be coming to an end as the Fed continues to tighten policy amid staggering inflation. As the market responds, or recalibrates as we say in...
With volatility in the financial markets and fears of a recession rising, will property grow more alluring? Or will prices peak? As we track the trends, the answer may be both. Across the country, home prices have been sky high, but buyer sentiment dropped to the...
