Category: Housing Market Updates
![Photo of Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]](https://www.drgfl.com/wp-content/uploads/Todays-Housing-Market-Has-Only-Half-the-Usual-Inventory-KCM-Share-450x0-c-default.webp)
Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with... Read More
There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your... Read More
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say ... Read More
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. Read More
The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that... Read More
If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your... Read More
![Photo of Home Prices Are Back on the Rise [INFOGRAPHIC]](https://www.drgfl.com/wp-content/uploads/Home-Prices-Are-Back-On-The-Rise-KCM-Share-450x0-c-default.webp)
Some Highlights Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally. If you’ve put your plans to... Read More
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the... Read More
Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today. You may have heard inventory is low right now, but you may... Read More
![Photo of Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]](https://www.drgfl.com/wp-content/uploads/Housing-Market-Forecast-For-The-Rest-Of-2023-KCM-Share-450x0-c-default.webp)
Some Highlights Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive... Read More
When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The Fed is trying... Read More
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale,... Read More