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12/27/2022

Confused About What’s Going on in the Housing Market? Lean on a Professional.

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply and more. That’s not an easy task considering how sensationalized headlines are today.

Unfortunately, when information in the media isn’t clear, it can generate a lot of fear and uncertainty in the market.

But it doesn’t have to be that way. Buying or selling a home is a big decision, and it should be one you feel confident making. To help you separate fact from fiction and get the answers you need, lean on a local real estate advisor.

A trusted expert is your best resource to understand what’s happening at the national and local levels. They’ll be able to debunk the headlines using data you can trust. And using their in-depth knowledge of the industry...

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains:

12/27/2022

The 2023 housing market will be defined by two key factors: inflation and mortgage rates. Where rates go in the new year depends on what happens with inflation. If you’re thinking of buying or selling a home, DM me so you have a trusted advisor on your side who can help you understand where the housing market is headed in 2023.

12/26/2022

Thank you for your support, business, and referrals this year.

12/24/2022

What To Expect From the Housing Market in 2023

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position.

But what does that mean for next year? What everyone really wants is more stability in the market in 2023. For that to happen we’ll need to see the Fed bring inflation down even more and keep it there. Here’s what housing market experts say we can expect next year.

>>What’s Ahead for Mortgage Rates in 2023?

Moving forward, experts agree it’s still going to be all about inflation. If inflation is high, mortgage rates will be as well. But if inflation continues to fall, mortgage rates will likely respond. While there may be early signs inflation is easing as we round out this year, we’re not out of the woods just yet. Inflation is still something to watch in 2023.

In the meantime...

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position.

12/24/2022

Thank You for All of Your Support

Thank you for all of your support.

12/22/2022

What Makes a House a Home?

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too.

Home means something different to all of us. Whether it’s sharing memories with loved ones at the kitchen table or settling in to read a book in a favorite chair, the emotional connections to our homes can be just as important as the financial ones.

>>1. You Can Be Proud of Your Accomplishment
Buying a home is a major life milestone. The sense of accomplishment you’ll feel at the end of your journey will truly make your home feel like a special place.

>>2. You Have Your Own Designated Happy Place
Owning your own home offers not only safety and security, but also a comfortable place where you can relax and...

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too.

12/22/2022

If you’re planning to sell your house, it’s important to understand that today’s housing market is different than it was just a few months ago. But homes priced at market value are still in demand and could still sell quickly. If you’re ready to list, working with a real estate professional is essential to pricing it right. DM me today.

12/20/2022

Homeowners Still Have Positive Equity Gains over the Past 12 Months

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices.

Equity is the current value of your home minus what you owe on the loan.

Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few years, home prices appreciated substantially.

And while home price appreciation has moderated this year, and even depreciated slightly in some overheated markets, that doesn’t mean you’ve lost all the equity you gained during the pandemic frenzy.

To prove you still have equity you can use, the latest Homeowner Equity Insights from CoreLogic finds the average homeowner equity has actually grown by $34,300 over the past 12 months.

While the gains aren’t as dramatic as they were in the previous...

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.

12/20/2022

Thinking about buying a home next year and wondering what to expect? Experts say the 2023 housing market will have some key perks for buyers. In particular, you’ll have more homes to choose from, and that means you may see less intense competition from other buyers. If you’re ready to start planning for your home search, DM me.

12/19/2022

2023 Housing Market Forecast [INFOGRAPHIC]

From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, DM me so you understand where the housing market is headed in 2023.

Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.

12/17/2022

On average, nationwide, home prices appreciated by 60.6% over the past five years. For existing homeowners, that means you’ve likely gained significant equity over time. And if you plan to sell your current house and buy your next home, that equity can help power your move. If you have questions about your specific situation, DM me.

12/17/2022

Selling Your House Is a Gift that Keeps Giving

If you're thinking of selling and making a move this holiday season, remember your house could also be someone else's dream home. Let's connect today and start the process of selling your house.