Category: Housing Market Updates

    • 3 Reasons Why We Are Not Heading Toward Another Housing Crash

      With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three key metrics that will explain why: Home Prices Mortgage Standards Foreclosure Rates HOME PRICES A […]
      Written by Denise Zervos
    • 2019 Will Be a Great Year for Buyers AND Sellers

      Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming! NerdWallet’s 2018 Home Buyer Report revealed that: […]
      Written by Denise Zervos
    • Where Did Americans Move in 2018? [INFOGRAPHIC]

      Some Highlights: Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year. Vermont claimed the top spot of states with the highest percentage of inbound reside...
      Written by Denise Zervos
    • How To List Your Home for the Best Price

      If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018. The map below shows the results of the latest index by state. Real […]
      Written by Denise Zervos
    • 3 Things You Need in a Shifting Real Estate Market

      Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on the housing market? If you […]
      Written by Denise Zervos
    • Is the Recent Dip in Interest Rates Here to Stay?

      Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey. After the first week of 2019, rates have continued their downward […]
      Written by Denise Zervos
    • Belief in Homeownership as an Investment is Far from Dead

      Following last year’s real estate market was like riding a rollercoaster. The market started off strong in 2018 and then softened before finishing with a mild flurry. However, one thing that did not waiver was America’s belief that owning a home makes sense from a financial standpoint. An end-of-the-year survey by the Federal Reserve Bank’s Center […]
      Written by Denise Zervos
    • Where is the Housing Market Headed in 2019? [INFOGRAPHIC]

      Some Highlights: ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% o...
      Written by Denise Zervos
    • 24 Hours that Suddenly Improved the Market

      This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales have now decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. […]
      Written by Denise Zervos
    • Buyers Are Looking for Your Home, Now [INFOGRAPHIC]

      Some Highlights: Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months. The inventory of existing homes for sale remains below the 6-months needed for a normal market and is...
      Written by Denise Zervos