Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a […]
Experts Increase 2022 Home Price Projections
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price […]
Homeownership Rate in the U.S. Continues to Rise
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and the […]
The Pros and Cons: How Rising Rates Affect Affordability and Homeownership
Mortgage rates have had a roller coaster ride this last year.
Why it’s a Good Idea to Work with Your Lender if you are on a Forbearance Plan
As of September 2020, 26 percent of Americans took advantage of payment deferment plans. As of late, almost