Infographics – The Condo Shoppe

Home Prices Forecast To Climb over the Next 5 Years

Chad — Fri, 12 Jan 2024 13:26:30 +0000

If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.
Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years.
If you’re worried about falling home prices, don’t be. Many experts forecast they’ll keep rising for years to come. If you have questions, let’s connect.

Chad — Fri, 05 Jan 2024 13:31:56 +0000

Planning to buy a home in 2024? Here’s what to focus on.
Improve your credit score, plan for your down payment, get pre-approved, and decide what’s most important to you.
Let’s connect so you have expert advice on how to achieve your homebuying goals this year.

Chad — Wed, 03 Jan 2024 13:35:52 +0000

When it comes to selling your house, the expertise of a trusted real estate agent can make a big difference.
They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed in the contracts and disclosures involved.
Let’s connect so you have expert advice throughout the entire process.

Chad — Fri, 27 Oct 2023 13:52:15 +0000

Here’s what you really need to know about a few myths causing fear in today’s housing market.
Despite common misconceptions, many people can buy a home even if they have student loans, home prices are rising nationally (not falling), and you usually don’t have to have 20% for a down payment.
If you have other fears or reservations about buying a home today, let’s connect so you have an expert to help clear those up.

Chad — Fri, 20 Oct 2023 13:25:32 +0000

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If you’re wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.
Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and then price growth slows down as the year goes on.
Home prices aren’t falling. They’re just rising slower and going back to normal seasonal trends. That’s a good thing. If you’re curious about prices in our area, let’s connect.

Chad — Thu, 19 Oct 2023 00:54:25 +0000

When deciding between buying a home or renting, think about these three important factors.
Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.
If you’re ready to enjoy the advantages of owning a home, let’s connect to discuss your options.

Chad — Wed, 11 Oct 2023 15:50:54 +0000

If you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.
On average, people who bought homes 32 years ago have seen their home’s value nearly triple over that time.
If you’re wondering if buying a home is a good idea, remember rising home values could grow your net worth with time. When you’re ready to start your homebuying journey, let’s talk.

Chad — Tue, 03 Oct 2023 18:34:34 +0000

Wondering why the supply of homes for sale is limited today? There are a few factors at play.
Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.
But real estate agents know exactly where to look and what to do to make your dream a reality. Let’s connect so you have an expert on your side to help you successfully navigate the market and find your next home.

Chad — Fri, 08 Sep 2023 15:12:56 +0000

Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.
Let’s connect so you know what’s happening with home values in our local area.

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Chad — Fri, 26 May 2023 13:37:58 +0000

If you want to sell your house, consider doing it this summer. The days are longer, the weather is warmer, and it’s a great time for sellers.
If your needs have changed, now’s the time to capitalize on the low inventory and multiple offers in today’s sellers’ market.
Let’s connect today if you’re ready to sell your house and move to a home that meets your changing needs.