Will Home Prices Fall This Year? Here’s What Experts Say.

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices? Home prices have seen 121 consecutive months of year-over-year increases. CoreLogic says: “Price appreciation averaged 15% for the full year of 2021, up from the 2020 full year average of 6%.” So why are prices climbing so much? It’s because there are more buyers than...

Are There More Homes Coming to the Market?

Written by Space Coast Mortgage Syndicated User on May 16, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Space Coast Condo Financing, Space Coast Mortgage, Space Coast Mortgage Rates.

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent data shows more sellers are listing their houses this season, which may give you more options for your home search. Early Signs Inventory May Be Growing The latest data from realtor.com shows the number of listings coming onto the market, known...

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