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, […]

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 […]

Some Highlights Home affordability depends on mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, the cost of homes is expected to rise slower, and wages are increasing faster than usual. That’s good news if you want to invest in a house in Chicago, Illinois because affordability is improving. Related Posts: Know About Credit […]

In our previous post, we discussed expectations about future home prices. Now, experts project a modest yet positive increase in home prices for 2024. Dive deeper into these projections in this post with us! Even though home prices are rising nationally, some people still worry they might come down. A recent survey from Fannie Mae found that […]

Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years. If you’re worried about falling home prices, […]

Even with so much data showing home prices are rising in most of the country, many people still worry about another price crash in the immediate future. A recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 months. That’s nearly one in four people dealing with that fear […]

If you’re feeling a bit muddy about home prices, that’s no surprise. Some people still say prices are falling, even though data proves otherwise. Part of that misconception is that people get their information from unreliable sources. But it also comes from some media coverage misrepresenting the data. So, to keep things simple, here’s what you […]

The new year is approaching, and you might wonder if 2024 will be the right time to buy or sell a home. To make the most informed decision possible, it’s important to know what the experts say about what’s ahead for the housing market. Spoiler alert: the projections may be better than you think. Here’s why. Experts Forecast […]

If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today. Here’s what you need to know. There’s still a lot of confusion and misinformation out there. So, no matter what you may have heard, the national data shows they’ve been climbing again […]

According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices over the past year. Since late 2022, the media has […]