What’s Impacting the Price of Homes? If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving […]
One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge is […]
Why Are the Experts Changing Their Minds? If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for […]
Today’s Real Estate Market Explained Through 4 Key Trends As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key […]
Highlights Experts project an optimistic year for the 2021 housing market. With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices. In 2021 it will be important to stay connected to someone who has (and can interpret) real estate data to help […]
A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the future price of any item: calculate the supply of […]
Does a potential recession always drive down the price of homes?Not necessarily, at least not according to history and how home prices changed during the last 5 recessions. Many people fear the stock market volatility from the pandemic is going to cause another recession. Whether or not that happens, it’s important to remember one very […]
Should You Buy Now or Wait Until Next Year? This has to be the big question running through many potential home buyers at the moment. Should you buy now or wait until next year? Homes are More Affordable Today Than in 1985-2000 Rising home prices have many concerned that the average family will no longer […]
Supply of Homes in St Louis Updated 6-04-19 Explore the supply of homes in St. Louis with this interactive map. Wave your mouse over the map to see how many months of inventory are available at the end of May 2019. Learn more about what makes up a Sellers Market or a Buyers Market and […]
Spring Home Buying Guide Things to Consider When Buying a Home The newest edition of the Spring Home Buying Guide will give you a well-rounded view of buying a home in the busy Spring season. Dynamics are definitely different from buying a home in the fall or winter. Topics include: The Difference Between Cost and […]
Experts emphasized recently what they’ve been saying for weeks: The US housing market will show even better gains in 2014. Evidently, experts believe that it will be a good year for housing, despite the fact that sales are likely to level off slightly. Those interested in buying and selling real estate in the US in […]
How the Number of Months Supply of Homes Impacts Prices (Updated 3-10-14) How do you determine where home values are heading? One strong indicator is knowing how much inventory is for sale in any given area. You have probably heard on the news about inventories being low which has resulted in higher home prices for […]
Monthly Survey Reports Opinions on Home Ownership, Renting, and Household Finances Fannie Mae has a new monthly consumer attitude report offering a peek into the sentiments of Americans across the country. What are people feeling about owning a home, whether it’s a good time to buy or sell, and people’s outlook on home prices and […]
