Thriving Housing Market Shows Resilience
Weekly Market Report Ending Week June 17th 2023
In a world where economic fluctuations often dominate the headlines, the housing market has proven time and again to be a resilient force. The Weekly Market Activity Report for the week ending June 17, 2023, paints an optimistic picture of the real estate landscape. Despite a few temporary setbacks, the overall market shows signs of strength and potential for growth. Let's delve into the key findings and e...
Whats Happening in the Housing Market Today?
With so much recent change in the housing market, you probably have questions about what it all means for your homebuying plans this spring.
What’s Going on with Mortgage Rates?
Last year, mortgage rates more than doubled within the calendar year. That’s never happened before, and the rapid rise caused many buyers to put their plans on hold. Today, rates are still quite volatile. With experts projecting rates will stabilize this year, that could...
I know right now there is uncertainty in the world and everyone has their beliefs and their forecast for the future of real estate. I say if you want real answers, go straight to the source!
The two graphs below (Info from FRED Economic Data) show our recessions over the last 55 years and our housing price Index. As you read each graph you can see that the only time we ever had home prices drop during a recession was our last one.
What does...
