Stefanie Passey

02/16/2023

Data suggests that today's home prices aren't in a freefall. Please reach out to get a better understanding of what's going on with home prices in our local market.

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.

02/10/2023

Experts believe that tighter lending standards, a decline in foreclosure volume (largely because buyers today are more qualified and less likely to default on their loans), and low inventory levels are all signs that the current market is nothing like it was before the housing crash in 2008.

67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the h...

02/02/2023

Check out Scout and Nimble's Interior Design Trends for 2023!

As the calendar turns to a new year, it not only gives us a chance to contemplate everything that has happened in the last 365 days, but also a chance to look forward and consider what's to come. This is especially true when it comes to design in 2023.

09/13/2022

If you’ve been searching for a home and have found yourself stepping out of the process because you’re worried about rising costs, let’s connect. Having a team of local advisors on your side may be just what you need to guide your search in a new and more affordable direction.

It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR):

08/30/2022

Home prices haven’t fallen or depreciated nationwide, they’re just decelerating or moderating. While some unique and overheated markets may see declines, nationally, home prices are forecast to appreciate. And when we look at the country as a whole, none of the experts project home prices will net depreciate or fall. They’re all projecting ongoing appreciation.

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture...

01/27/2022

If you’re considering selling to move up or downsize, this may be your moment, especially with today’s low mortgage rates and limited inventory...

As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you’re making a good investment when you buy your...

09/28/2021

Research says “Nationally, the best time to buy in 2021 is the week of October 3-9. This week historically has shown the best balance of market conditions that favor buyers.”

Are you looking to buy a home? If so, we’ve got good news for you.

06/30/2021

As we look at the forecast for prices, interest rates, inventory, and home sales, experts remain optimistic about what’s on the horizon for the second half of 2021...

As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what...

05/11/2021

It's National Home Valuation Week! Do you know what your home is worth? When you're ready to sell, take advantage of this unprecedented sellers market and rising home prices. Visit https://homevalues.dudum.com for a home valuation with 3 FREE estimates. What do you have to lose?

05/06/2021

Here are the four major homeowner concerns about selling in this fast-paced market and a quick explanation of what’s actually happening in the housing market today.

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in t...

03/30/2021

Whether you’re thinking about buying or selling a home, there are major perks available in today’s housing market.

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country....

03/17/2021

Homeownership builds wealth through equity, and this creates a positive impact for homeowners and their communities.

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: