No, A ‘Housing Recession’ Does Not Mean Falling Home Prices

By Kevin Brierton Team | November 13, 2023
A blue and white graphic with houses on it

Kevin Brierton – 11.13.2023 Last week, an article was posted to fortune.com with this headline: The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates On first read, this clearly sounds like a warning that home prices are going to fall because of…

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People Want Less Expensive Homes – And Builders Are Responding

By Kevin Brierton Team | August 17, 2023
A painting of houses with trees in the background

Kevin Brierton – 8.17.2023 In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a…

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Homebuyers Are Getting Used to the New Normal

By Kevin Brierton Team | July 18, 2023
A group of people playing soccer in the grass.

Kevin Brierton – 7.18.2023 Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal. To better understand what’s been happening with mortgage rates lately, the…

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Why the Median Home Price Is Meaningless in Today’s Market

By Kevin Brierton Team | June 20, 2023
A small house sitting on top of a wooden table.

Kevin Brierton – 6.20.2023 The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing,…

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