Jeff Day, Realtor

What You Really Need To Know About Home Prices

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know.

A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing to remember. Negative news sells. That means, you may not be getting the full picture. You may only be getting the clickbait version. As Jay Thompson, a Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.”

Home Prices Rose the Majority of the Past Year

It’s perfectly normal in the housing market for home price growth to...

What You Really Need To Know About Home Prices According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down.

Foreclosure Numbers Are Nothing Like the 2008 Crash

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

The reality is, while increasing, the data shows a foreclosure crisis is not where the market is headed.

The Headlines Make the Increase Sound Dramatic – But It’s Not

The increase the media is calling attention to is a little bit misleading. That’s because it’s comparing the most recent numbers to a time when foreclosures were at historic lows. And that lopsided comparison is making it sound like a much bigger deal than it actually is.

Back in 2020 and 2021, there was a moratorium and forbearance program that helped millions of homeowners avoid foreclosure during challenging times. That’s why numbers for just a few years ago were so low.

Now that the moratorium has come to an end, foreclosures are resuming and that means numbers are...

Foreclosure Numbers Are Nothing Like the 2008 Crash If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

Wanna live large in retirement?

Then downsizing could be the answer.

Whether you’re looking for the convenience of a smaller space or to save some extra cash – it could be your ticket to maximizing your golden years.

Want to chat to see if it's the right move for you? DM me.

Waiting for mortgage rates to fall? A lot of other buyers are too.

When rates are higher, there are fewer buyers in the market. But when rates start to come down later this year, buyer demand will ramp up.

If you want to beat the crowd, you could sell now. It’ll save you a heap of competition and stress down the road. Let’s chat.