Home prices

As we move into the second half of 2024, here’s what experts say you should expect from the Housing Market Forecast 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: The reason for...

If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move now, or better to wait it out. The only thing you can really do is make the best decision you can based on the latest information available. So, here’s what experts...

Thinking about buying a home? While today’s mortgage rates might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get your own place. 1. Home Values Typically Go Up Over Time There’s been some confusion over the past year or so about which way home prices are headed. Make no mistake, nationally they’re still going up....

The state had the sixth-biggest increase in the country. Florida was neither first nor last in a study that showed how much home prices have shot up over the past five years. In fact, it was nearly 20% less than the state with the biggest increase. (That state was Idaho, with a 91.9% increase in home prices.) Still, the fact that home prices in Florida have increased 73.5% over the past five years,...

In March 2021, a woman in the D.C. area put her house on the market and got 88 bids including 76 all-cash offers and 15 from people who hadn't bothered to visit the property in person. The offers just kept coming, she told CNN at the time. I'm thinking, This is just out of control. That frothy, oozing-over-the-top market has been over for a few months now, and new data suggest that we might be entering a...

Stop me if you've heard this one before: Home prices hit a new record high in metro Orlando. Despite a decline in home sales and a jump in inventory, tapering sales and more homes on the market give buyers a little more negotiating power, though the metro is still far from building up enough inventory local home prices climbed again last month, according to data released by the Orlando Regional Realtor...