Housing Market Updates

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble? | Simplifying The MarketThe talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a […]

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Three Things Buyers Can Do in Today’s Housing Market

Three Things Buyers Can Do in Today’s Housing Market | Simplifying The MarketIt’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re […]

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Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]

Here's Why It's Still a Sellers' Market [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low.
  • The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price.
  • You haven’t missed your opportunity to sell. Let’s connect to start the process today.

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New Homes May Have the Incentives You’re Looking for Today

New Homes May Have the Incentives You’re Looking for Today | Simplifying The MarketAccording to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that […]

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Buyers: You May Face Less Competition as Bidding Wars Ease

Buyers: You May Face Less Competition as Bidding Wars Ease | Simplifying The MarketOne of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried […]

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What’s Actually Happening with Home Prices Today?

What’s Actually Happening with Home Prices Today? | Simplifying The MarketOne of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge […]

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Why You May Want To Start Your Home Search Today

Why You May Want To Start Your Home Search Today | Simplifying The MarketIf you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers […]

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Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash | Simplifying The MarketWhether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was […]

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