by House Trevethan Staff | Aug 16, 2022 | Content Hub, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
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...
by House Trevethan Staff | Aug 15, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S....
by House Trevethan Staff | Aug 12, 2022 | Content Hub, For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record...
by House Trevethan Staff | Aug 11, 2022 | Content Hub, For Buyers, For Sellers, Housing Market Updates, Pricing
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals.Last Year’s Rapid...
by House Trevethan Staff | Aug 10, 2022 | Content Hub, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.But what was once your...
by House Trevethan Staff | Aug 8, 2022 | Content Hub, Distressed Properties, Foreclosures, Housing Market Updates
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program...