Housing Market Updates

Two Questions Every Homebuyer Should Ask Themselves Right Now

Two Questions Every Homebuyer Should Ask Themselves Right Now | Simplifying The MarketRising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in […]

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The Long-Term Benefit of Homeownership

The Long-Term Benefit of Homeownership | Simplifying The MarketToday’s cooling housing market, the rise in mortgage rates, and mounting economic concerns 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 factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought […]

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The Cost of Waiting for Mortgage Rates To Go Down

The Cost of Waiting for Mortgage Rates To Go Down | Simplifying The MarketMortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, […]

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Why You Should Consider Condos as Part of Your Home Search

Why You Should Consider Condos as Part of Your Home Search | Simplifying The MarketThe historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The […]

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How an Expert Can Help You Understand Inflation & Mortgage Rates

How an Expert Can Help You Understand Inflation & Mortgage Rates | Simplifying The MarketIf you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump […]

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The True Strength of Homeowners Today

The True Strength of Homeowners Today | Simplifying The MarketThe real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, […]

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What Experts Say Will Happen with Home Prices Next Year

What Experts Say Will Happen with Home Prices Next Year | Simplifying The MarketExperts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead […]

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Watching the Stock Market? Check the Value of Your Home for Good News.

Watching the Stock Market? Check the Value of Your Home for Good News. | Simplifying The MarketWhile watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth […]

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Will My House Still Sell in Today’s Market?

Will My House Still Sell in Today’s Market? | Simplifying The MarketIf recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit […]

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Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market | Simplifying The MarketIf you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a […]

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