by Stig Bergquist | Jan 20, 2023 | Housing Market Updates, Infographic, Sellers
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...
by Stig Bergquist | Jan 16, 2023 | Buyers & Sellers, Housing Market Updates
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the...
by Stig Bergquist | Jan 12, 2023 | Housing Market Updates, Luxury Market, Sellers
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home...
by Stig Bergquist | Jan 11, 2023 | Buyers & Sellers, Foreclosures, Housing Market Updates
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there...
by Stig Bergquist | Jan 10, 2023 | Housing Market Updates, Sellers, Selling Myths
Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the...
by Stig Bergquist | Jan 9, 2023 | Buyers & Sellers, Housing Market Updates
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace...