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 […]

If you’ve ever dreamed of buying your place or selling your current house to upgrade, you’re no stranger to the rollercoaster of emotions that changing home prices can stir up. It’s a tale of financial goals, doubts, and a dash of anxiety that many have been through. But if you put off moving because you’re worried home […]

Some Highlights

Are you contemplating making a move? If so, all the speculation about home prices might have you on edge. Yet, according to the Expert Forecasts for Home Prices in 2023, there’s no reason to fear a crash. The experts and data assure us – prices aren’t spiraling downwards but are set to finish the year […]

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of people have doubts about the strength of the […]