Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC].
Some Highlights
Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.
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Real Estate Continues To Be the Best Investment [INFOGRAPHIC].
Some Highlights
According to a recent Galluppoll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.
Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on.
Connect with a local real estate agent if you’re ready to buy a home and invest in your future.
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The Benefits of Downsizing for Homeowners [INFOGRAPHIC].
Some Highlights
Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs.
If you’re thinking about moving to a smaller home, connect with a real estate professional to go over your housing goals and look at your options in the local market.
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Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC].
Some Highlights
An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process.
They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed in the contracts and disclosures involved.
Connect with a local real estate agent to ensure you have an expert helping you sell your house successfully.
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Homeownership Helps Protect You from Inflation [INFOGRAPHIC].
Some Highlights
Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady.
Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their properties within the next 12 months.
Especially when inflation is up, having a stable housing payment can be helpful. Connect with a local real estate agent so you can learn more and start your journey to owning a home today.
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How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC].
Some Highlights
If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years.
That means your net worth can grow significantly in the long term when you own a home. Reach out to a real estate professional so you can start your homebuying journey today.
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Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC].
Some Highlights
Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years.
June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.
Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having a secure and stable financial future.
Are you ready to enjoy all the amazing advantages that come with owning a home? Get in touch with a local real estate agent to start the process today.
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