“Encouraging statistics!”
Some Highlights:
- There is plenty of talk in the media about a pending economic slowdown.
- The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.
- Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
To view original article, visit Keeping Current Matters.
Are More Homeowners Selling as Mortgage Rates Come Down?
While there isn’t going to suddenly be an influx of options for your home search, it does mean more sellers may be deciding to list.
Experts Project Home Prices Will Increase in 2024
Expected home price appreciation also means if you’re ready, willing, and able to buy, waiting just means it will cost more later.
3 Must-Do’s When Selling Your House in 2024
A real estate professional can help you with expertise on getting your house ready to sell.
3 Key Factors Affecting Home Affordability
Home affordability depends on three things: mortgage rates, home prices, and wages and they’re moving in a positive direction for buyers.
Why You May Want To Seriously Consider a Newly Built Home
Newly built homes are becoming an increasingly significant part of today’s housing inventory.
Homeownership Is Still at the Heart of the American Dream
Buying a home is a powerful decision, and it remains at the heart of the American Dream.