Housing Market News

3 Charts That Show This Isn’t a Housing Bubble

Housing Experts Say This Isn’t a Bubble

By Nicole McCormick | July 15, 2022

With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information. Here’s why economists and industry experts say the housing market is not a bubble ready to pop. […]

2022 Housing Market Forecast

Expert Housing Market Forecasts for the Second Half of the Year

By Nicole McCormick | July 12, 2022

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 the experts for projections on what the second half of the […]

Experts Project Mortgage Rates Will Continue To Rise in 2022

The Drop in Mortgage Rates Brings Good News for Homebuyers

By Nicole McCormick | July 12, 2022

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year rate was down to 5.30% from 5.81% […]

Homeowner Equity Increases an Astonishing $1 Trillion

Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]

By Nicole McCormick | July 10, 2022

Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. To find out how much equity you have in […]

What Does an Economic Slowdown Mean for the Housing Market?

By Nicole McCormick | July 7, 2022

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings up […]

How Your Equity Can Grow over Time

By Nicole McCormick | July 7, 2022

It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great for your home’s value over the last […]

Housing Market Update June 2022

June 2022 Housing Market Update

By Nicole McCormick | July 4, 2022

Geoff Green, the moderator of the monthly Housing Market webinar, is a real estate expert and entrepreneur.  And, he is joined for the June 2022 Housing Market Update by Keren Gonen, Real Estate Salesperson, Green Team New Jersey Realty; Carol Buchanan, Broker Manager of Green Team New York Realty; Kevin Dolan, AnnieMac Home Mortgage Area Manager; and, […]

Two Reasons Why Today’s Housing Market Isn’t a Bubble

By Nicole McCormick | June 30, 2022

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate […]

The Average Homeowner Gained $64K in Equity over the Past Year

By Nicole McCormick | June 23, 2022

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s how it works. Because […]

More Listings Are Coming onto the Market [INFOGRAPHIC]

By Nicole McCormick | June 23, 2022

Some Highlights Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell. If your biggest question […]

Home Price Deceleration Doesn’t Mean Home Price Depreciation

By Nicole McCormick | June 23, 2022

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you may […]

Is the Housing Market Correcting?

By Nicole McCormick | June 15, 2022

If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but what everyone needs to remember is that […]

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