After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. So, if you’ve put your own move on the [...]
As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry: [...]
There’s been a lot of recession talk over the past couple of years. And that may leave you worried we’re headed for a repeat of what we saw back in 2008. Here’s a look at the latest expert projections to show you why that isn’t going to happen. According to Jacob Channel, Senior Economist at LendingTree, the [...]
If you’re thinking about buying a home, you want to know if the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices fall dramatically. As the [...]
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s concrete [...]
One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge is [...]
It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you [...]
The strong real estate market is expected to continue in spite of this year’s predicted busy hurricane season. Surprisingly, a hurricane has the opposite effect on the real estate market than what’s expected. Short-term effects, reports show that hurricane damages actually cause housing market prices to go up. The Alabama Gulf Coast market typically experiences [...]
The Eastern Shore of Mobile Bay is widely known for being one of the most beautiful areas in Alabama. Less than an hour away from the Gulf of Mexico, Fairhope, Daphne and Spanish Fort are three of the most popular and quickest growing areas in Baldwin County. Although the communities here are growing quickly, they [...]
Summer has arrived on the Gulf Coast where the weather is hot, and the housing market is hotter! Home buyers planning to enter the market during the summer months should expect solid competition from other buyers. Sellers, on the other hand, will likely continue to enjoy their market leverage for the foreseeable future. With the [...]
