What Experts Are Saying About the 2023 Housing Market
WHAT EXPERTS ARE SAYING ABOUT THE 2023 HOUSING MARKET If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer
Read MoreThink Twice Before Waiting for 3% Mortgage Rates
THINK TWICE BEFORE WAITING FOR 3% MORTGAGE RATES Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyersexperienced a hit to t
Read MoreWant To Sell Your House? Price It Right.
WANT TO SELL YOUR HOUSE? PRICE IT RIGHT. Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “
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