Category: Housing Market Trends

Housing Market Trends March 2023 | Residential Snapshot

/ in Housing Market Trends / Bob Filipczak

This month we take a look at the housing market trends for March 2023 and the numbers that swirl around one of the most important sectors in our economy – real estate. Our market updates have, necessarily, focused a lot on mortgage rates, and this month is no different. Federal Reserve Chairman Jerome Powell raised the interest rates on federal funds yet again at the beginning of February, jacking them up another 0.25%. That can have a ripple effect throughout the real estate world by raising the interest rates on mortgages, which doesn’t help anyone – buyers, sellers, real estate agents, or lenders.

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Housing Market Trends February 2023 | Residential Snapshot

/ in Housing Market Trends / Bob Filipczak

The housing market trends for February 2023 indicate that this year is going to be a better year for buyers than the previous year. That wouldn’t be hard. During the pandemic we saw skyrocketing home price increases, bidding wars and offers on houses that seemed hard to believe. We need to calm down a bit and get smart about the real estate market. That is, if, and only if, the interest rates cut us some slack.

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Housing Market Trends January 2023 | Residential Snapshot

/ in Housing Market Trends / Bob Filipczak

Welcome to the Housing Market Trends January 2023 monthly update from Homes for Heroes. Since it’s the beginning of the year, you can probably guess that it’s Prediction Time. Experts love prediction time because…well, they just do. It gives them stuff to talk about when they try to extrapolate the future from what we saw in this last year. And frankly, real estate professionals saw a lot last year.

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Housing Market Trends December 2022 | Residential Snapshot

/ in Housing Market Trends / Bob Filipczak

Welcome to the Housing Market Trends December 2022 monthly update from Homes for Heroes. We report on the U.S. housing market trends every month because of Ferris Bueller. He famously said “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.” That is more true in the real estate industry than other areas of the economy, so it only makes sense to step back and look around each month.

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Housing Market Trends November 2022 | Residential Snapshot

/ in Housing Market Trends / Bob Filipczak

Welcome to the Housing Market Trends November 2022 monthly update from Homes for Heroes. This report focuses on the residential real estate housing market. We listen to the experts and boil down what they have to say to assist you, our heroes, with decision making regarding buying a home, selling your home, or refinancing your mortgage.

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When Will Inflation Go Down? | Impact on Today’s Housing Market

/ in Housing Market Trends / Abby Waltz

Many people are asking, “when will inflation go down?” Because it really hit the average American household hard over the past year – a trend that will likely continue in 2023. Inflation in 2022 hit its highest rate since the 1980s as the U.S. economy recovers from the COVID-19 global pandemic. Here we take a look at inflation, what it means for the average American and when experts believe inflation will go down.

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Housing Market Trends October 2022 | Residential Snapshot

/ in Housing Market Trends / Bob Filipczak

Welcome to the Housing Market Trends October 2022 monthly update from Homes for Heroes. This report focuses on the residential real estate housing market. We listen to the experts and boil down what they have to say to assist you, our heroes, with decision making regarding buying a home, selling your home, or refinancing your mortgage.

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Housing Market Trends September 2022 | Residential Snapshot

/ in Housing Market Trends / Bob Filipczak

Welcome to the Housing Market Trends September 2022 monthly update from Homes for Heroes. This report focuses on the residential real estate housing market. We listen to the experts and boil down what they have to say to assist you, our heroes, with decision making regarding buying a home, selling your home, or refinancing your mortgage.

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Housing Market Trends August 2022 | Residential Snapshot

/ in Housing Market Trends / Bob Filipczak

Welcome to the Housing Market Trends monthly update for August 2022 from Homes for Heroes. This report focuses on the residential real estate housing market. We listen to the experts and boil down what they have to say to assist you, our heroes, with decision making regarding buying a home, selling your home, or refinancing your mortgage.

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