“Let’s look back at the cost of a home over the last five decades and adjust it for inflation by converting that cost to 2021 dollars” There are many headlines about how housing affordability is declining. The headlines are correct: it’s less...
“Home purchases and sales are significant drivers of economic activity.” If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts...
“Buyers are now shifting their preferences back to existing homes.” In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were...
” If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last?” Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking...
“A closer look at the market data indicates this is nothing like 2006 for three major reasons.” With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at...
“Here’s a look at four key components that are shaping this unprecedented market.” As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today...