Market Updates

Aug. 2, 2023

Real Estate Continues To Be the Best Investment



Some Highlights

  • According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.

  • Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s …

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July 31, 2023

Momentum Is Building for New Home Construction



If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t …

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July 28, 2023

Home Prices Are Rebounding



If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. If we take a year-over-year view, home prices did drop some, …

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July 26, 2023

Why the Median Home Price Is Meaningless in Today’s Market



The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit …

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July 24, 2023

Two Questions To Ask Yourself if You’re Considering Buying a Home



If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting …

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July 17, 2023

Today’s Housing Inventory Is a Sweet Spot for Sellers



One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s take a look at the latest information on active …

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July 12, 2023

Lending Standards Are Not Like They Were Leading Up to the Crash



You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. 

Every month, …

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July 10, 2023

Why Homeownership Wins in the Long Run



Today’s higher mortgage ratesinflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. …

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July 7, 2023

Saving for a Down Payment? Here’s What You Need To Know



If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need …

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July 5, 2023

The True Cost of Selling Your House on Your Own



Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s …

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