The major reason for the housing crash 15 years ago was a tsunami of foreclosures. With much stricter mortgage standards and a historic level of homeowner equity, the fear of a housing crash impacting today’s market is not realistic. Homeownership has become a major element in achieving the American Dream. A recent report from the […]
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent […]
Market Update Slow “Start” to Spring Home Construction Housing Starts and Building Permits for single-family homes fell from February to March, while sales of existing homes also declined for the second month in a row. Consumer inflation remains red hot. Single-family Starts, Existing Home Sales Decline Ongoing supply chain disruptions continue to impact the construction of […]
Market Update Slow “Start” to Spring Home Construction Housing Starts and Building Permits for single-family homes fell from February to March, while sales of existing homes also declined for the second month in a row. Consumer inflation remains red hot. Single-family Starts, Existing Home Sales Decline Ongoing supply chain disruptions continue to impact the construction of […]
Many consumers are wondering what will happen to home price appreciation over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist […]