Category: Pricing

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off
For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing | May 30, 2023
Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

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 circumstances and outcomes being compared.  Comparing this year’s numbers to the two ‘unicorn’ years we just experienced is almost…

What You Need To Know About Home Price News
For Buyers, For Sellers, Housing Market Updates, Pricing | May 17, 2023
What You Need To Know About Home Price News

The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices report repeat sales prices. The vast majority of the…

The Worst Home Price Declines Are Behind Us
For Buyers, For Sellers, Housing Market Updates, Pricing | May 16, 2023
The Worst Home Price Declines Are Behind Us

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very different and much more positive…

The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]
For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing | May 13, 2023
The Worst Home Price Declines Are Behind Us [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 waiting to see what would happen with home prices, reach out to a local…

The Worst of the Home Price Declines Is Behind Us [INFOGRAPHIC]
For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing | May 12, 2023
The Worst of the Home Price Declines Is Behind Us [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 waiting to see what would happen with home prices, reach out to a local…