Forecasts

Q&A: How Do Presidential Elections Impact the Housing Market? Some Highlights Even if you’re not looking to move right away - you may have questions about how the election will impact the housing market. When we look at historical trends - combined with what’s happening right now - we can find your answers. Based on historical data - mortgage rates decrease in the months before and home prices...

Why Home Sales Bounce Back After Presidential Elections With the 2024 Presidential election fast approaching - you might be wondering what impact - if any - it’s having on the housing market. Let’s break it down. Election Years Bring a Temporary Slowdown In any given year - home sales slow down slightly in the fall. It’s a typical - seasonal trend. However - according to data from BTIG - in...

With everything feeling more expensive these days - it’s natural to worry about how rising costs might impact the housing market. Many people are concerned that high prices and tighter budgets could cause more homeowners to fall behind on their mortgage payments - leading to a wave of foreclosures. But before you start worrying about a housing market crash - here’s a look at what’s really...

Some Highlights You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise. Experts forecast prices will climb over the next 5 years – and based on those forecasts - you could gain about $90k in equity in that time. So - you could wait - but you’ll miss out on a lot of equity if you do. If you’re ready and able to...