by Stig Bergquist | Aug 15, 2022 | Buyer, First Time Home Buyers, Housing Market Updates
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....
by Stig Bergquist | Aug 11, 2022 | Buyers & Sellers, Housing Market Updates, Pricing
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s...
by Stig Bergquist | Aug 10, 2022 | Buying Myths, First Time Home Buyers, Housing Market Updates
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your...
by Stig Bergquist | Aug 8, 2022 | Distressed Properties, Foreclosures, Housing Market Updates
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program...
![Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]](https://www.stigbergquist.com/wp-content/uploads/sites/67/2022/08/Housing-Market-Forecast-for-the-Rest-of-2022-480x675.jpg)
by Stig Bergquist | Aug 5, 2022 | Buyers & Sellers, Housing Market Updates, Infographic
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...
by Stig Bergquist | Aug 4, 2022 | Housing Market Updates, Sellers, Selling Myths
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. If you’re thinking of making a move, you should know the market is still...
