If you’ve seen headlines about home prices dropping, it’s easy to wonder what that means for the value of your Triangle area home, too. But here’s the truth: even in markets where prices have dipped slightly, you’re likely still far ahead—and it’s all thanks to your home equity. The Relationship Between Home Prices and Equity […]
Bank of America recently asked potential buyers what would make them feel more confident about making a move. The top answers? Improved affordability, especially when it comes to prices and mortgage rates (see below). The good news is that while the overall economy may still feel uncertain, we’re starting to see signs of positive shifts […]
You’ve probably seen dramatic headlines predicting a housing market crash—but the full story is far less alarming. Let’s break down what’s actually going on and what experts expect for home prices over the next five years. (Spoiler: it’s not a crash.) The latest home price forecast reveals a trend toward steady, sustainable growth, not the […]
With the cost of nearly everything on the rise, it’s no surprise that inflation has remained higher than expected. Prices for goods, services, and housing continue to climb, leaving many people wondering: Is now really the right time to buy a home? Here’s the good news—owning a home is one of the best ways to […]
Thinking about buying a Triangle area home but feeling hesitant because of today’s mortgage rates? You might be wondering, “Should I wait until spring when more homes hit the market and rates might improve?” The truth is, no one can predict exactly where mortgage rates will go. And while waiting until spring might seem like […]
Should you jump into the Triangle Area market now or hold off? It’s a question many potential Raleigh homebuyers are asking. While your personal circumstances will play a big role in the decision, there’s one important factor to keep in mind as you weigh your options. Buying now means you start building equity right away. […]
As we look towards 2025, understanding the predictions for the Triangle Area housing market is crucial, especially if you’re planning to buy or sell a home in Raleigh. Knowing what experts anticipate can significantly influence your decisions regarding homeownership. Mortgage Rates Are Projected To Come Down Slightly Mortgage rates are a pivotal factor in the […]
Amidst the fluctuating reports about home prices, it’s easy to get the wrong impression that they’re plummeting. However, the reality is more layered than what the headlines suggest. Analyzing national figures for 2023 reveals an overall positive trend in home prices. Despite minor dips in certain months, the general movement was upward, contradicting the notion […]
There’s a lot of talk about home prices these days. While they’re going up across the country, some people are still worried they might drop. A survey from Fannie Mae showed that about 1 in 4 people think home prices might actually fall in the next year. If you’re feeling this way, you’re not alone. […]
Key Takeaways: The ongoing inventory shortage is largely to blame for 2021’s double-digit price appreciation. Traditionally, we see fewer homes for sale in the second half of the year—but after a two-year drought, more listings are finally starting to hit the market. Have questions about the latest market stats? Contact Linda Craft & Team at […]