Market Update: When Is the Perfect Time To Move?

It’s tempting to hold off on making a move, waiting for that elusive “perfect moment” in today’s ever-changing real estate market. Maybe you’re banking on mortgage rates dropping to historic lows again or hoping for home prices to take a sudden dip. It’s natural to want to maximize your opportunity, but here’s the hard truth: trying to perfectly time the market is a gamble that rarely pays off. Instead of waiting, consider the factors that truly matter and why taking action sooner might actually work in your favor. Here’s what you need to know.

Market UpdateJennifer FlyJanuary 20, 2025milehimodern.commarket update, housing market forecast

Market Update: 2025 Housing Market Forecasts

As we step into 2025, the housing market is poised for notable changes. Experts forecast a moderation in home price appreciation, with rates stabilizing compared to the rapid increases seen in previous years. This shift is attributed to a gradual rise in mortgage rates and an anticipated increase in housing inventory, providing buyers with more options and potentially easing the competitive landscape. For homeowners and prospective buyers, understanding these trends is crucial for making informed decisions in the evolving real estate market.

Market UpdateJennifer FlyJanuary 20, 2025milehimodernmarket update, housing market forecast

Market Update: New Year, New Home: How To Make It Happen in 2025

As the new year begins, it’s the perfect time to pause, reflect, and set goals for the months ahead. If your 2025 vision includes the dream of settling into a new home, you might be wondering: Where do I start? How do I make it happen? Here are some practical tips and advice to help you take the first steps toward turning that dream into reality. Ready to get the ball rolling? Let’s dive in!

Market UpdateJennifer FlyJanuary 2, 2025milehimodernmarket update, housing market forecast

Market Update: Only an Expert Agent Can Give You an Accurate Value of Your Home

In today’s digital world, online home value estimates are just a click away. But beware—these automated tools often overlook crucial details that impact your home’s true market value. Before relying on those numbers, it’s important to understand their limitations and why partnering with a skilled real estate agent is key to accurately pricing your home.

Market UpdateJennifer FlyDecember 17, 2024milehimodernmarket update, homeownership, housing market forecast

Market Update: What To Expect from Mortgage Rates and Home Prices in 2025

Curious about what 2025 holds for the housing market? Experts are sharing some optimistic predictions, particularly around two factors that could shape your next move: mortgage rates and home prices. Whether you're planning to buy or sell, explore what the experts are forecasting and how it could influence your real estate decisions.

Market UpdateJennifer FlyOctober 21, 2024milehimodernmarket update, Mortgages, housing market forecast

Market Update: This Is the Sweet Spot Homebuyers Have Been Waiting For

After months of waiting on the sidelines due to high mortgage rates and affordability challenges, many homebuyers are finally seeing an opportunity to step into the market. With rates trending down, today’s real estate landscape offers a sweet spot for buyers—one that may not stick around for long. If you've been holding off on your move, now might be the perfect time to reconsider. Here’s why you don’t want to delay any longer.

Market UpdateJennifer FlyOctober 3, 2024milehimodernmarket update, housing market forecast

2025 Housing Market Forecasts: What To Expect

As we approach 2025, staying informed about expert predictions for the housing market is crucial, whether you're planning to buy or sell a home. Understanding these forecasts can give you the insights needed to make informed decisions about your homeownership journey. Here’s an early preview of the latest projections on mortgage rates, home sales, and prices for the upcoming year.

Market UpdateJennifer FlySeptember 4, 2024milehimodernmarket update, housing market forecast

Are Home Prices Going To Come Down?

Today's headlines about home prices can be confusing, making it hard to understand the real situation. While some predict a correction, it's essential to look at the facts. Our latest blog post breaks down the current trends and data, offering a clear picture of what's really happening in the housing market.

Marshall FireJennifer FlyAugust 23, 2024milehimodernmarket update, housing market forecast

Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

As we move into the second half of 2024, the real estate market is evolving with changes that homeowners and buyers need to know. Experts are weighing in on home prices, mortgage rates, and home sales. Whether you're buying, selling, or refinancing, understanding these trends is crucial for informed decisions. Our latest blog post delves into insights from industry leaders to give you a comprehensive outlook on the housing market for the rest of the year.

Do Elections Impact the Housing Market?

With the 2024 Presidential election approaching, you might be wondering how it could affect the housing market if you're considering buying or selling a home. It's a valid concern, given the significance of such a decision. Historically, Presidential elections have only caused minor and temporary fluctuations in the housing market. Here's an update on how home sales, prices, and mortgage rates have behaved during previous election periods.

What Are Experts Saying About the Spring Housing Market?

Thinking about moving soon? You might be curious about whether there'll be more houses up for grabs, where prices and mortgage rates are going, and how to handle today’s housing market. Here's what the experts have to say about what to expect this season.

Market UpdateJennifer FlyApril 17, 2024milehimodernmarket update, housing market forecast

Why We Aren't Headed for a Housing Crash

If you're banking on a housing market crash to lower home prices, the data tells a different story. Spoiler alert: that scenario isn't likely. Experts predict that home prices will continue to rise. The current housing market differs significantly from the pre-2008 crash era. We delve into why that is and what it means.

Market UpdateJennifer FlyMarch 27, 2024market update, housing market forecast

The Dramatic Impact of Homeownership on Net Worth

What is the difference in new worth between homeowners and renters? The wealth gap between renters and homeowners stems from homeowners' equity growth through property appreciation and monthly mortgage payments, acting as enforced savings. Homeownership yields financial returns upon selling. In contrast, renters don't gain financial benefits from monthly payments. Here’s what that all means.

The Latest 2024 Housing Market Forecast

The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what's ahead for the housing market. Spoiler alert: the projections may be better than you think.

Want to get Jen’s monthly newsletter?