by Ernest Polej | Aug 17, 2023 | Buyer, Pricing
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. To overcome those challenges, many people are working...
by Ernest Polej | Mar 9, 2023 | Advice for Homeowners, Budget Statistics, Costs, Home Buying, Housing Market Updates, Pricing, Real Estate Finances
Home, sweet home! The Biden-Harris Administration is devoted to making the American dream attainable, even in these uncertain times. From helping close racial disparities and offering financial stability to passing down generational wealth – a roof over your head has...
by Ernest Polej | Oct 20, 2022 | Buyers & Sellers, Housing Market Updates, Pricing
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling...
by Ernest Polej | Sep 22, 2022 | Buyers & Sellers, Housing Market Updates, Pricing
Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would...
by Ernest Polej | Aug 30, 2022 | Buyers & Sellers, Housing Market Updates, Pricing
One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more...
by Ernest Polej | Aug 23, 2022 | Housing Market Updates, Pricing, Seller
If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve...