Market Predictions

Market Predictions Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market If you’re considering buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over the asking price to get your offer considered may be coming to a […]
Market Predictions What Would a Recession Mean for the Housing Market?   According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see […]
Market Predictions Luxury Homes Are in High Demand As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor. It could be a […]
Market Predictions Will Home Prices Fall This Year? Here’s What Experts Say.   Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices?  Home prices have seen […]
Market Predictions 2022 Housing Market Forecast While the Fed hopes to Calm Demand in order to Curb Inflation, the market will continue to be strong here in RI and elsewhere.  I do believe the higher interest rates WILL in fact impact demand and home appreciation will lessen a bit.  From all that I listen to, I believe prices will decrease @5-10% […]
Market Predictions Today’s Home Price Appreciation Is Great News for Existing Homeowners If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally […]
Market Predictions Where Are Mortgage Rates Headed? A headline that hints at a favorite Dave Matthews Band song of mine ” Where are we going.” Interest rates and the rising of them, are a hot topic amongst my buyers AND sellers these days.  How will they impact affordability? Will they have an effect on the incredible home price appreciation we have been […]
Market Predictions Home Price Appreciation- What does it mean to you as a homeowner and/or as a buyer? Home Price Appreciation- What does it mean to you as a homeowner AND what does it mean to you as a buyer? It’s a topic of great interest in this competive real estate market where home price escalation and appreciation are at an all-time high. The Future of Home Price Appreciation and What It Means […]
Don't Miss Our Next Post
Subscribe Now
Market Predictions One of the four market forces we are dealing with in RI real estate …. One topic I touched upon during a recent real estate panel detailed the market forces of 2021 which led to the extremely high price growth which are still in effect today. The four forces are limited supply, elevated demand , demographics and low mortgage rates. Here is a national look at the supply / demand […]
Market Predictions There are Almost No Houses For Sale in Rhode Island Honored to be quoted in this article this morning on GoLocalProv.com. Being the glass now “overfloweth” gal that I am, I WOULD like to accentuate the “almost” verbiage in this headline. As I told new buyer clients last night as we engaged in a buyer’s presentation at their PVD kitchen table, ‘If I acquired 3 […]
Market Predictions Curious About Where Mortgage Rates Are Heading? Almost daily, I am asked for my thoughts on where rates are heading. It could be from buyers at showings or community members at the supermarket or hockey moms and dads in the stands at the rink. With real estate such a trending topic, and my strong love for talking real estate widely known, it […]
Market Predictions What’s Going To Happen with Home Prices This Year? After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. […]