If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates.
Mortgage Rates: Past, Present, and Possible Future
Category: Economy
Expert Home Price Forecasts Revised Up for 2023
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023.
Why It’s Still a Seller’s Market Today
Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low.
Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
![Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/content/images/20230831/20230901-Homeowners-Have-a-Lot-of-Equity-Right-Now-KCM-Share.png)
Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
How Inflation Affects the Housing Market
Have you ever wondered how inflation impacts the housing market?
Buyer Traffic Is Still Stronger than the Norm
Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are?
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
![Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/content/images/20230824/Todays-Housing-Market-Has-Only-Half-the-Usual-Inventory-KCM-Share.png)
There are only about half the number of homes for sale compared to the last normal years in the market.
More Jobs and Better Pay Leads to More Buyer Demand
There’s been talk about a recession for quite a while now.
Why Median Home Sales Price Is Confusing Right Now
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow.
People Want Less Expensive Homes – And Builders Are Responding
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory.