Category: Pricing

Auto Added by WPeMatico

Expert Home Price Forecasts for 2024 Revised Up

Housing Market Updates / Pricing

Expert Home Price Forecasts for 2024 Revised Up

Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. So, let’s see exactly how experts’ thinking has shifted – and what’s caused the change. 2024 Home Price Forecasts:...

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

Buying Myths / First Time Home Buyers / For Buyers / Infographics / Move-Up Buyers / Pricing

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because...

Experts Project Home Prices Will Increase in 2024

First Time Home Buyers / For Buyers / Housing Market Updates / Pricing

Experts Project Home Prices Will Increase in 2024

Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people...

Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

Buying Myths / For Buyers / Housing Market Updates / Infographics / Pricing / Rent vs. Buy

Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next...

Thinking About Buying a Home? Ask Yourself These Questions

First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers / Pricing

Thinking About Buying a Home? Ask Yourself These Questions

If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, the list goes on and on....

Home Prices Still Growing – Just at a More Normal Pace

For Buyers / For Sellers / Housing Market Updates / Pricing

Home Prices Still Growing – Just at a More Normal Pace

If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise. Some people are still saying prices are falling, even though data proves otherwise. Part of that misconception is because people are getting their information from unreliable sources. But it’s also coming from some media coverage...