Author Archives: coleencooke

As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house.

Some Highlights

• The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022.
• Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years.
• Connect with a local real estate professional so you can make your best move this year.

When the pandemic hit in 2020, many experts thought the housing market would crash.

Americans’ opinion on the value of real estate as an investment is climbing.

If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers.

If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move.

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices.

Some Highlights

• Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year.
• Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell.
• If your biggest question is where you’ll go if you sell, take this as encouraging news. Connect with a local real estate professional to start the process today.

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year.

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.