by Norman Neu | Jun 8, 2023 | Buyer & Seller, Housing Market Updates
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two...
by Norman Neu | Jun 5, 2023 | Buyer & Seller, Housing Market Updates
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing...
by Norman Neu | May 30, 2023 | Buyer & Seller, Housing Market Updates
Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the...
by Norman Neu | May 15, 2023 | Buyer & Seller, Housing Market Updates, Move up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage....
by Norman Neu | May 12, 2023 | Buyer & Seller, Housing Market Updates, Infographic
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold...
by Norman Neu | May 9, 2023 | Buyer & Seller, Foreclosures, Housing Market Updates
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the...
