I love rainy days. The sound of rain on the roof and windows usually provides me with a peaceful, relaxed feeling.  I remember one time, though, when the sound of raindrops sounded more like alarm bells going off than a soft, cozy pitter-patter. Years ago, when my wife and I were new homeowners (and before […]

  Some Highlights Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low. While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease. Let’s connect so you know what’s happening with home values in our local area. Sources   https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdf https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdf https://www.fanniemae.com/media/45801/display https://www.fanniemae.com/media/48726/display https://twitter.com/NewsLambert/status/1671900591113609216 (Morgan Stanley) https://twitter.com/NewsLambert/status/1671556169712672768 (AEI) […]

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared […]

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong. While there […]