January 2023 Market Update
THE BOTTOM LINE: The housing market ran at a frenzied pace for two years, followed by 6 months of reckoning. We are now in a healthier and more balanced position to experience a more "normal" year.2023 PREDICTIONS: Mortgage rates will slowly go down (to around 6% by end of year), which will increas
What Would a Recession Mean for the Housing Market?
What Would a Recession Mean for the Housing Market? According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recessio
Housing Market Forecasts for the Second Half of the Year
Housing Market Forecasts for the Second Half of the Year The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to
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