Momentum is Building for New Home Construction
As you can see on the left (shown in orange), leading up to the housing crash, builders exceeded that average. The result was an oversupply of homes on the market, so home values declined. That was one of the factors that led to the housing crash back in 2008. Since then, the level of new home const
Two Questions to Ask Yourself if You're Considering Buying a Home
But, not even the experts can say with absolute certainty where mortgage rates will be next year, or even next month. That’s because there are so many factors that can impact what happens. So, to give you a lens into the various possible outcomes, here’s what you should consider: If you buy now and
Today's Housing Inventory is a Sweet Spot for Sellers
It’s worth noting that 2020-2022 are not included in this graph. That’s because they were truly abnormal years for the housing market. To make the comparison fair, those have been omitted so they don’t distort the data. When you compare the orange bars for 2023 with the last normal years for the hou
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