
A Housing Market Correction Is Coming
With inflation and mortgage rates on the rise, there is a lot of speculation about where the market is headed and what that means for home prices.

With inflation and mortgage rates on the rise, there is a lot of speculation about where the market is headed and what that means for home prices.

During the pandemic, home buyers lamented a lack of inventory, which helped push prices to record highs. But all of a sudden, listings are piling up.

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.

Inflation is the highest it’s been in 40 years and no doubt it has adversely impacted your budget. But how is it affecting the home you want to buy?

House hunters in the market to buy a home during this time of elevated prices need to ask themselves: is a house a good long-term investment?

Preparation is key to buying a house. Set these resolutions and take smart steps to ensure the best financial shape for your home purchase in the New Year.