Prices still projected to rise – but stable for now Recent real estate headlines might look a little bleak, with descriptions like “plunging” home prices and a “slumping” market. But are they really? Let’s start with the market: Yes, it’s cooling slightly, but no – it’s not as extreme as some might suggest. We have to remember that the frenzied market of the past two … [Read more...] about Are home prices *really* falling?
rent or buy
A shifting market amplifies the ‘rent or buy?’ dilemma The Consumer Price Index (CPI) report from July shows that inflation has begun to cool – somewhat, anyway – in response to the Fed’s actions over the past few months. But there’s no question that challenges remain for buyers and sellers, and positive inflation news won’t … [Read more...] about Will cooling inflation heat up the housing market?
A new normal for the housing market There have been a few pieces of news driving conversation around the state of the housing market this week. We saw new data from the National Association of Realtors that purchase contracts dropped by 8.6% in June. We also saw the Federal Reserve raise interest rates again in a continued effort to curb inflation. Intense speculation … [Read more...] about The upside to higher rates