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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.

Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.

Since most are paying on time, a wave isn’t coming. If you're concerned about a flood of foreclosures, the data shows that's not likely.

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People Want Less Expensive Homes – And Builders Are Responding
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People Want Less Expensive Homes – And Builders Are Responding

If you’re having a hard time finding a home you like in your budget, let’s connect. You need a real estate professional who knows all about the latest inventory in our area, including homes still under construction or just built. That way you have an expert on your side who can provide information on builder reputations, builder contracts and negotiations, and more to help you with the homebuying process.

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Don’t Expect a Flood of Foreclosures
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Don’t Expect a Flood of Foreclosures

If you’re worried about a potential flood of foreclosures, know there’s nothing in the data today to suggest that’ll happen. In fact, qualified buyers are making their mortgage payments at a very high rate.

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Where Are People Moving Today and Why?
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Where Are People Moving Today and Why?

Lots of people are still moving today. If you want help navigating today’s inventory or affordability challenges, and expert advice to help you find your ideal home, let's connect.

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Home Prices Are Back on the Rise [INFOGRAPHIC]
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Home Prices Are Back on the Rise [INFOGRAPHIC]

Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.

If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news.

Let’s connect so you know what’s happening with prices in our area.

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About 11,000 Houses Will Sell Today
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About 11,000 Houses Will Sell Today

If you’ve been waiting to sell because you don’t think there are buyers out there, know today’s market is active. Every day you wait, around 11,000 other homeowners are selling. In the time it took you to read this, eight homes sold. When you’re ready to sell too, let’s connect.

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Four Ways You Can Use Your Home Equity
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Four Ways You Can Use Your Home Equity

Your equity can be a game changer in reinvesting in your needs, pursuing your goals, and even helping you avoid foreclosure during difficult times. If you’re unsure how much equity you have in your home, let’s connect so you can start planning your next move.

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Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]
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Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]

Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.

Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.

Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.

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How Inflation Affects Mortgage Rates
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How Inflation Affects Mortgage Rates

What happens to mortgage rates depends on inflation. If inflation cools down, mortgage rates should go down too. Let's talk so you can get expert advice on housing market changes and what they mean for you.

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How To Know If You’re Ready to Buy a Home
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How To Know If You’re Ready to Buy a Home

If you’re trying to decide if you’re ready to buy a home, these questions can help. But ultimately, your best and more reliable resource is the help of trusted real estate professionals.

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Key Housing Market Trends [INFOGRAPHIC]
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Key Housing Market Trends [INFOGRAPHIC]

If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market.

Housing inventory is still very low, prices are climbing back up, and homes are selling fast when priced right.

If you want more information about our local area and what the trends mean for your plans to buy or sell, let’s connect.

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Homebuyers Are Still More Active Than Usual
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Homebuyers Are Still More Active Than Usual

Don’t lose sight of just how active the market still is today. If your house isn’t on the market, it’s not getting in front of all those buyers who are looking to make a purchase right now. Let’s connect to start the process.

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