Home Prices Are Not Falling

by Norman Neu | Oct 3, 2023 | Housing Market Updates, Pricing, Seller, Selling Myths

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...

Explaining Today’s Low Housing Supply [INFOGRAPHIC]

by Norman Neu | Sep 29, 2023 | Housing Market Updates, Infographic

Some Highlights Wondering why the supply of homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low. But...

Your Home Equity Can Offset Affordability Challenges

by Norman Neu | Sep 19, 2023 | Housing Market Updates, Seller, Selling Myths

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that...

Are More Homes Coming onto the Market?

by Norman Neu | Sep 18, 2023 | Housing Market Updates, Seller, Selling Myths

An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially...

August 2023 Housing Market

by Norman Neu | Sep 17, 2023 | Home Value, Housing Market Updates, Interest Rates, Market Trends, Market updates

Time for your monthly dive into the housing market trends for August 2023. Let’s break it down in a more casual, easy-to-digest manner:   Homes Up for Grabs: There were 7.9% fewer homes up for sale compared to last year. Yep, it’s a bit of a decrease.  ...

Plenty of Buyers Are Still Active Today [INFOGRAPHIC]

by Norman Neu | Sep 15, 2023 | Housing Market Updates, Infographic, Seller, Selling Myths

Some Highlights Holding off on selling your house because you believe there aren’t any buyers out there? Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now. Don’t...