Home Prices Are Back on the Rise [INFOGRAPHIC]
KCM Crew • August 11, 2023
Some Highlights
- Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
- If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news.
- Let’s connect so you know what’s happening with prices in our area.
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow.
With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory.
The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments.
If you’re a homeowner, you might be torn on whether or not to sell your house right now.
Plenty of people are still moving these days.
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now.
Buying a new construction home can be an exciting experience.
Wondering if it still makes sense to sell your house right now?
If you’re a homeowner, odds are your equity has grown significantly over the last few years.
