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What Will It Take for Home Prices To Come Down?

You may be wondering if home prices are going to crash. And believe it or not, some people might even be hoping this happens so they can finally purchase a more affordable home. But experts agree that’s not what’s in the cards – and here’s why. There are more people who want to buy a home than there […]

Home Values Rise Even as Median Prices Fall

Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story. Nationally, home values are actually rising, even if the […]

Are Home Prices Going To Come Down?

Today’s headlines and news stories about home prices are confusing and make it tough to know what’s happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means. Here’s what Danielle Hale, Chief Economist at Realtor.com, says:  “In stock market […]

The Price of Perfection: Don’t Wait for the Perfect Home

In life, patience is a virtue – but in homebuying, waiting too long in hopes of finding the perfect home isn’t wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may delay your dream of homeownership. As Bankrate explains: “One of the most common first-time homebuyer mistakes is […]

Why Your Asking Price Matters Even More Right Now

If you’re considering selling your house this month, here’s something you need to know. Even though it’s still a seller’s market today, you can’t pick just any price for your listing. While home prices are still appreciating in most areas, they’re climbing at a slower pace because higher mortgage rates are putting a squeeze on buyer […]

What’s Next for Home Prices and Mortgage Rates?

If you’re considering moving this year, two housing market factors are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. Is it worth it to move now, or is it better to wait it out? The only thing you can do is make the best decision based on the latest information available. […]

What You Really Need To Know About Home Prices?

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know. A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing […]

Why Overpricing Your House Can Cost You?

If you’re trying to sell your house in Chicago, Illinois, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, […]

Don’t Let the Latest Home Price Headlines Confuse You

Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the whole picture. If you look at the national data for 2023, home prices showed positive growth for the year. While this varies by market, and there were some months with slight […]