Where the housing market is going in 2022 as told by leading forecast models
How much longer will this run last? After all, home price appreciation of 19.9%—a 12-month record set between Aug. 2020 and Aug. 2021—can’t be sustained forever.On the high end of the spectrum are Zillow and Goldman Sachs. Zillow projects home prices will rise 13.6% between Oct.…
Study: Homes prices in Seattle are expected to rise 18% over the next year
Many people have been asking me what I think will happen over the next year in real estate appreciation. I found this study insightful so I thought I’d share: Alec Regimbal, Seattle P-IAug. 23, 2021Updated: Aug. 27, 2021 2:08 p.m. Home prices…
When will prices cool?
Here are the factors at play… Home prices are spiraling out of control. There are several reasons prices just keep climbing, but it can’t last forever. Here’s what it’ll take for prices to even out Shabdro Photo via Getty ImagesBY ANDREW…
Key Questions To Ask Yourself Before Buying a Home
Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you…
What Is The #1 Financial Benefit of Homeownership?
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: “Homeownership has cemented its role as…
Do I Really Need 20% Down To Buy A Home?
I have been getting the question a lot lately from buyers if they need 20% down to buy a home. That may be true with an investment property or second home but for your primary residence that is not the…
With Home Values Surging, Is it Still Affordable to Buy Right Now?
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe…
Everyone Is Asking…How Long Will Mortgage Rates Stay This Low?
I wish I had a crystal ball for the question. “When will interest rates go up?”. It is one of the most common questions I am asked. This is what I do know… In 2020, buyers got a big boost…
Home Values Projected to Keep Rising
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules…
Fall is the new spring in real estate!
I’ve had a couple of inquiries from people wondering about putting their home on the market in the Fall. Typically that is something that is less desirable over listing your home in Spring. Due to the Stay at Home Order…
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