Uncategorized If Your House Hasn’t Sold Yet, It May Be Overpriced If Your House Hasn’t Sold Yet, It May Be Overpriced Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year. That means buyers have fewer options […]
Uncategorized The Perfect Home Could Be the One You Perfect After Buying The Perfect Home Could Be the One You Perfect After Buying There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford. At the same time, there are still fewer homes available for sale than the norm. These are two of the biggest hurdles buyers are facing today. But there […]
Uncategorized If Your House Hasn’t Sold Yet, It May Be Overpriced 12-2023 If Your House Hasn’t Sold Yet, It May Be Overpriced Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year. That means buyers have fewer options […]
Uncategorized Why the Economy Won’t Tank the Housing Market Why the Economy Won’t Tank the Housing Market If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in […]
Uncategorized Are the Top 3 Housing Market Questions on Your Mind? Are the Top 3 Housing Market Questions on Your Mind? When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of […]
Uncategorized Thinking About Using Your 401(k) To Buy a Home? Thinking About Using Your 401(k) To Buy a Home? Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You’re not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement to buy a home, be sure to consider […]
Uncategorized Life-Changing Events That Move the Housing Market Life-Changing Events That Move the Housing Market Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s […]
Uncategorized These Top Cities Show Home Prices Are Still Climbing These Top Cities Show Home Prices Are Still Climbing If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today. Here’s what you need to know. There’s still a lot of confusion and misinformation out there. So, no matter what you […]
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My Monthly Market Summary Phoenix Housing Market Update from Shawn with Coldwell Banker Realty The October jobs report came in at 150,000, below expectations of 180,000. It was a resilient but moderating job growth number that signifies easing wage pressure. As a result, the 10-year Treasury bond surged like a meme stock, causing the 10-year yield to drop to about 4.56% from 4.9%. This move shows how quickly interest […]
Uncategorized Don’t Believe Everything You Read About Home Prices 11-2023 Don’t Believe Everything You Read About Home Prices According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices over the […]
Uncategorized A Real Estate Agent Helps Take the Fear Out of the Market A Real Estate Agent Helps Take the Fear Out of the Market Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you’ve even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home right now. Regrettably, when news in the media […]
Uncategorized Unmasking Scary Myths about Today’s Housing Market Oct 2023 Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC] Some Highlights Here’s what you really need to know about a few myths causing fear in today’s housing market. Despite common misconceptions, many people can buy a home even if they have student loans, home prices are rising nationally (not falling), and you usually don’t have to have 20% for a down payment. If you have other fears […]
Uncategorized Affordable Homeownership Strategies for Gen Z 2023 Affordable Homeownership Strategies for Gen Z The idea of owning a home has always been a big part of the American Dream. It’s a symbol of stability, independence, and having a place to truly call your own. But for Gen Z, the “Zoomers” born between 1997 and 2012, making that dream a reality can feel […]
Uncategorized Invest in Yourself by Owning a Home 2023 Invest in Yourself by Owning a Home Are you wondering if it makes sense to buy a home right now? While today’s mortgage rates might seem a bit intimidating, here are two compelling reasons why it still may be a good time to become a homeowner. Home Values Appreciate over Time There’s been a lot of confusion around what’s happened […]
Mortgage Rates Are Higher Mortgage Rates Here To Stay? Are Higher Mortgage Rates Here To Stay? Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like a little bit of […]
My Monthly Market Summary Housing Market Summary for the Beginning of October 2023 Housing Market Summary for the Beginning of October Hello, September’s spike in mortgage rates resulted in more buyers postponing their home searches. We have a higher increase of new listings in September compared to August which is unusual, and this coincides with more price reductions on listings. I still predict that home prices will be […]
Uncategorized Things to Consider When Buying a Home 9/2023 Fall Edition Things to Consider When Buying a Home The process of buying a home can be overwhelming at times, but you don’t need to go through it alone. You may be wondering if now is a good time to buy a home … or if interest rates are projected to rise or fall. I put together […]
Uncategorized Things to Consider When Selling Your House 9/2023 Fall Edition Things to Consider When Selling Your House It’s difficult to know when is the best time to sell, or how to get the most money for your house, but you don’t need to go through the process alone. You may be wondering if prices are projected to rise or fall… or how much competition you […]
Uncategorized Planning to Retire? Your Equity Can Help You Make a Move Planning to Retire? Your Equity Can Help You Make a Move Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs. Fortunately, […]
Uncategorized What Experts Project for Home Prices Over the Next 5 Years What Experts Project for Home Prices Over the Next 5 Years If you’re planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better […]