Monthly Archives: October 2022
‘Come for the Balloon and Stay for Everything’
‘Come for the Balloon and Stay for Everything’ Horace Langford Jr / Pahrump Valley Times The 9th Annual Pahrump Balloon Festival takes place next month, Nov. 11-13. This file photo shows hot air balloons drifting skyward at a previous festival.Horace Langford Jr./Pahrump Valley Times The Pahrump Balloon Festival is always a big draw for locals... Read More
The Latest on Supply and Demand in Housing
The Latest on Supply and Demand in Housing Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just... Read More
Should You Still Buy a Home with the Latest News About Inflation?
Should You Still Buy a Home with the Latest News About Inflation? While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your... Read More
What’s Ahead for Home Prices?
What’s Ahead for Home Prices? As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most... Read More
3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]
3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC] Some Highlights If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next home? Let’s... Read More
Pre-Approval Is a Critical First Step on Your Homebuying Journey
Pre-Approval Is a Critical First Step on Your Homebuying Journey If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better... Read More
What Happens to Housing when There’s a Recession?
What Happens to Housing when There’s a Recession? Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and... Read More
3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008
3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008 With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place... Read More
Millennials Are Still a Driving Force of Today’s Buyer Demand
Millennials Are Still a Driving Force of Today’s Buyer Demand If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed... Read More
MBS Road Signs
MBS Road Signs Home sales and home construction slowed in September while recession signals are flashing from the manufacturing sector. Don’t miss these stories: § What Housing Supply and Demand Dynamics Mean for Prices § Construction of Single-Family Homes Continues to Decline § Builder Confidence Falls for Tenth Straight Month § Jobless Claims Remain Volatile... Read More