Mortgage Rates Are Dropping. What Does That Mean for You?
Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy.Nadia Evangelou, Senior Economist and Director of Forecasting at the
2023 Housing Market Forecast
Some HighlightsFrom home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation.If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.Sources:
You May Have More Negotiation Power When You Buy a Home Today
Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competi
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