Housing Market News

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 […]

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 […]

More Americans Choose Real Estate as the Best Investment Than Ever Before

By Nicole McCormick | June 15, 2022

Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before. The graph below shows the results of the survey since Gallup began asking the […]

Why the Growing Number of Homes for Sale Is Good for Your Move Up

By Nicole McCormick | June 12, 2022

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move up this summer. […]

Why You Need an Expert To Determine the Right Price for Your House

By Nicole McCormick | June 9, 2022

If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing to get multiple offers, this could be your moment to get the contract you’re looking for on your house if you’re ready to sell. And here’s the thing […]

History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC]

By Nicole McCormick | June 9, 2022

Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008. If you have questions, let’s connect to discuss why today’s […]

May 2022 Housing Market Update

By Nicole McCormick | June 2, 2022

Geoff Green, the moderator of the monthly Housing Market webinar, is a real estate expert and entrepreneur. And, he is joined for the May 2022 Housing Market Update by Keren Gonen, Green Team New Jersey Realty; Vikki Garby, Green Team New York Realty; Chad Barris, Family First Funding, and Ken Ford, Warwick Valley Financial Advisors. If you […]

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