What the Housing Chill Means for Home Buyers
If you want to buy a house soon, there’s good news: prices are declining for the first time since the pandemic frenzy and the market is normalizing.
If you want to buy a house soon, there’s good news: prices are declining for the first time since the pandemic frenzy and the market is normalizing.
More than 25% of homes for sale on the market have seen their prices slashed. Is this the new normal – a more balanced and affordable housing market?
Earlier this month, the Federal Housing Finance Agency or FHA, announced that the maximum baseline conforming loan limits will rise in 2022.
It likely comes as no surprise that we’ve been in the middle of historically high home values. Has the market peaked, or will the craze continue?
As inflation and interest rates continue to climb, there’s lots of talk about the direction of the housing market and the potential impact on home prices.
It’s time to talk numbers with your REALTOR® when you’re ready to make an offer on a house, then part with an insane amount of money if it all looks good.