Market Updates

July 3, 2023

How Owning a Home Grows Your Wealth with Time



Some Highlights

  • If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
  • Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years.
  • That means your net worth can grow significantly …
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June 28, 2023

A Drop in Equity Doesn’t Mean Low Equity



You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out …

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June 26, 2023

Your Needs Matter More Than Today’s Mortgage Rates



If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you want to make …

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June 19, 2023

This Real Estate Market Is the Strongest of Our Lifetime



When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals …

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June 14, 2023

Real Estate Is Still Considered the Best Long-Term Investment



With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11 …

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June 12, 2023

The Impact of Changing Mortgage Rates



Some Highlights

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June 8, 2023

The Benefits of Selling Now, According to Experts



If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so …

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June 7, 2023

Owning a Home Helps Protect Against Inflation



You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, …

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June 6, 2023

Moving Now Can Give Your House Its Day in the Sun



Some Highlights

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May 26, 2023

Buyer Activity Is Up Despite Higher Mortgage Rates



If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed.

Data from the latest ShowingTime Showing Index, which is a …

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