Better’s Post

Things may be heading in a good direction in the housing market this fall. And then again, things might just stay the same. The direction the market will take this last quarter of 2023 will depend so much on what decision the Fed makes about continued rate increases. We'll know that in a week or so. Send them some good vibes..... DRE#01977959 https://lnkd.in/gMHwfEkX #SoCalRealtor #KnowledgeIsPower #RealtorForLife #MarketConditions #MarketUpdate #InterestRates #LowInventory #BuyerDemand #SellerAprehension #NewHomeSales #ListAndSell #RealEstateExcellence . . .

Do you think home prices are going to come down? Probably not. The equity growth over the last few years has been tremendous and quick. That is now stabilizing - the rate of equity growth is slowing down. Read to learn more. #realestate2024 #equitygrowth #homepricing #GreaterKnoxvilleRealEstate #EasternTNRealEstate #TellicoVillage

Big picture, Goldman Sachs believes that national home price growth, as measured by the Case-Shiller National Home Price Index, will remain close to its historical annual average of +4.5% between 1988 and 2023. Meanwhile, Moody’s expects national home prices to experience a period of sideways movement

The Feds have announced plans to cut interest rates multiple times in 2024. Give me a call about finally getting back into the market. #RalphMagin #RealEstate #MiamiRealEstate #SouthFloridaRealEstate #ColdwellBanker Read My Blog at

How many of you are waiting to see how far rates drop in 2024, and how many of you want to prepare to buy before anticipated rate cuts and the housing market being potentially flooded with competitive offers? This is the hot topic of the hour. I'd like to hear your feedback. The article below provides several plausible scenarios from economists for the upcoming year.

Excited to share insights from a recent Forbes article on housing market predictions! I find the optimism and thorough analysis particularly encouraging for our industry. The market's resilience and growth potential present exciting opportunities for strategic decision-making. #RealEstate #MarketPredictions #CommercialBrokerage #StrategicDecisions https://lnkd.in/eswYEDiR

Having a little trouble parsing? Inventory in Chicago is building, mortgage rates are climbing, buyers are retreating to rentals, sellers are staying put, and prices are... rising? Not everywhere, and not in every category, not by a stretch. It's critically important to review data in context, and to know the difference between actual, trending, and reported data. A misstep in a shifting market can cost time and money, something that matters regardless of market or category. Some bullet points: - proper market position is relative to strategic goals, as well as market conditions; align them - our grandparents' experiences provide useful landmarks; reduce your expenses, think long term, act when you're ready - know the difference between surface and substance; even in the current fray, Chicago's market offers some fantastic opportunities for investment and growth if you are willing to do some work https://lnkd.in/gwXHSM5c

Brian Haber is at it again. Check out this great article which provides you with a little insight into the market and how First American can help drive results even in a volatile mortgage industry.

As the new year begins, so does a new housing market. Despite predictions of mid-6% rates, many economists didn't anticipate the rollercoaster ride to get there during 2023. Rates ended last year at 6.61%, the lowest level since May. This Yahoo Finance article by Dani Romero is a good read. https://lnkd.in/eG7iArtc #housingmarket #realestate #2023realestate

This report and enclosed charts tell an interesting overview of the housing market. The problem is it doesn’t provide an answer as to the outlook with a few exceptions. Currently demand exceeds supply but with pricing still high and cost to borrow virtually the same number 2x post pandemic and inventory levels the highest in years it suggests something must break or at least bend. The next 12-18 months will be interesting to say the least. Unless or until rates come down the market stalls or pricing will require adjusting to see any demonstrable moves.