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A home is one of the only assets that have the potential to appreciate in value as you pay it down

So far this year, housing inventory has been increasing and that’s making the prospect of finding your dream home less difficult.

Is the boom over? Is the market crashing or correcting? Here’s what you need to know.

Here are two reasons today’s market is nothing like the one we experienced 15 years ago.

Looking at the recessions going all the way back to the 1980s, home prices appreciated four times and depreciated only two times.

Buying a home allows you to stabilize what’s typically your biggest monthly expense: your housing cost. If you get a fixed-rate mortgage on your home, you lock in your monthly payment for the duration of your loan, often 30 years.

Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end.

With a limited supply of homes available for sale and both prices and mortgage rates increasing, it can be a challenging market to navigate as a buyer. But buying a home sooner rather than later does have its benefits.

In addition to building your overall net worth, equity can also help you achieve other goals like buying your next home.

Several industry experts weighed in on where rates might be headed going forward. Here are some of their forecasts.