Posts from: Market Insight

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.

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.

The percentage of people planning to buy over the next six months has increased substantially since last fall.

Price increases won’t be as monumental as they were in 2021 – but they certainly won’t decline anytime soon.