At long last, “the time has come” for interest rate cuts. On Friday, August 23rd, Federal Reserve Chair Jerome Powell offered a glimmer of hope to prospective homebuyers and sellers.

Speaking at the Federal Reserve’s annual symposium held in Grand Teton National Park, Jackson Hole, WY, Powell remarked, “We …

Are Home Prices Going To Come Down?

Today's headlines about home prices can be confusing, making it tough to know what is really happening. Some predict a correction, but what does that mean for the housing market? Danielle Hale, Chief Economist at Realtor.com, explains:

“In stock market terms, …

As we enter the latter half of 2024, here’s what experts anticipate for home prices, mortgage rates, and home sales.

Moderate Growth Expected in Home Prices

Home prices are projected to continue increasing at a more moderate pace. Jessica Lautz, Deputy Chief Economist at the National Association of …

When you're considering buying or selling a home, it's important to recognize that your decision goes beyond personal gain—it also plays a significant role in boosting your local economy and supporting your community.

Each year, the National Association of Realtors (NAR) publishes a report that details the financial contributions …

In recent years, recession concerns have loomed large, triggering worries reminiscent of the 2008 housing crisis. However, a closer examination of current expert analyses paints a more reassuring picture, dispelling apprehensions of an imminent economic downturn.

Jacob Channel, Senior Economist at LendingTree, offers an optimistic assessment of the economy's …

In 2024, buyers eagerly awaiting more housing options have seen their desires fulfilled. April 2024 witnessed a notable 14.7% surge in new listings, marking a 4.4% increase year-to-date compared to the same period in 2023. This influx of new listings has notably bolstered housing supply throughout the Mid-Atlantic region compared …

In today's dynamic real estate landscape, the number of available homes plays a pivotal role in the decision-making process for both buyers and sellers. If you are contemplating listing your property, the current scarcity of inventory offers a significant advantage. Your home becomes more conspicuous amidst the limited …

If you are in the process of weighing the pros and cons of renting versus buying a home in today's real estate market, there is one crucial piece of data that might tip the scales in favor of homeownership. Every three years, the Federal Reserve Board releases the Survey of …

If you are gearing up for a move soon, you’re likely curious about the availability of homes, the trajectory of prices and mortgage rates, and how to navigate the current market landscape. Here is a roundup of insights from industry experts on what to expect this season:

Odeta Kushi, …

As we welcome the arrival of cooler temperatures, the housing market continues to generate heat of its own, leaving potential homebuyers wondering when they can expect more affordable prices. The current scenario is marked by soaring mortgage rates and scorching home prices, which have become increasingly challenging for aspiring homeowners …