by Stig Bergquist | Mar 20, 2024 | First Time Home Buyers, For Buyers, Pricing
Thinking about buying a home? If so, you’re probably wondering: should I buy now or wait? Nobody can make that decision for you, but here’s some information that can help you decide. What’s Next for Home Prices? Each quarter, Fannie Mae and Pulsenomics publish the...
by Stig Bergquist | Feb 29, 2024 | Housing Market Updates, Interest Rates, Pricing
If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market is very...
by Stig Bergquist | Feb 22, 2024 | Housing Market Updates, Pricing
Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. So, let’s see exactly how experts’ thinking has shifted – and what’s caused the...
by Stig Bergquist | Feb 15, 2024 | Housing Market Updates, Pricing
Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year....
![Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]](https://www.stigbergquist.com/wp-content/uploads/sites/67/2024/01/Why-Its-More-Affordable-To-Buy-A-Home-This-Year-NM.jpg)
by Stig Bergquist | Jan 26, 2024 | Buying Myths, First Time Home Buyers, For Buyers, Infographic, Move-Up Buyers, Pricing
Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you...
by Stig Bergquist | Jan 23, 2024 | First Time Home Buyers, For Buyers, Housing Market Updates, Pricing
Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every...
