We’re still in a sellers’ market.
Why Buying a Home Is a Sound Decision
If you’re thinking about buying a home, you want to know the decision will be a good one.
Here’s Why the Housing Market Isn’t Going To Crash [INFOGRAPHIC]
![Here’s Why the Housing Market Isn’t Going To Crash [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/content/images/20230316/20230317_Heres-Why-The-Housing-Market-Isnt-Going-To-Crash-KCM-Share.png)
Some Highlights
- Today’s housing market is different than it was in 2008.
- Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity.
Equity Gains for Today’s Homeowners
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.
Wondering What’s Going on with Home Prices?
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.
Homeownership Builds Your Wealth over Time [INFOGRAPHIC]
![Homeownership Builds Your Wealth over Time [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2023/01/26131727/Homeownership-Builds-Your-Wealth-In-The-Over-Time-KCM-Share.png)
Some Highlights
- If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
- On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term.
The 3 Factors That Affect Home Affordability
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:
Want To Sell Your House? Price It Right.
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of What’s Really Happening with Home Prices? [INFOGRAPHIC]
![What’s Really Happening with Home Prices? [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2023/01/19140215/Whats-Really-Happening-With-Home-Prices-KCM-Share.png)
Some Highlights
- If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
- While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
Have Home Values Hit Bottom?
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.
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