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Category Archives: Real Estate Trends

2024 Housing Market Forecast

Summary and Key Points Here is a summary of the key points from the 2024 Housing Market Forecast Housing experts forecast home prices will continue rising in 2023 and 2024, with increases of 2.8% and 1.5% respectively. This makes buying a home a good investment. Total home sales are also projected to increase slightly in […]


Why Do We Have a Housing Shortage?

Explaining Today’s Housing Shortage The current housing market is experiencing a severe shortage of available homes for sale. Several factors have contributed to this shortage. Key Factors Behind the Shortage There are some market conditions impacting this shortage. Here are a couple of the big ones: Decline in New Construction Builders have not been constructing […]



The 3 Factors that Impact Home Affordability

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 […]







How Global Uncertainty is Impacting Mortgage Rates

How Global Uncertainty Is Impacting Mortgage Rates If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time […]