How Buying or Selling a Home Helps Your Local Economy

Whether you’re buying or selling a house, here’s something to think about that most people don’t.

Whether you’re buying or selling a house, here’s something to think about that most people don’t.
Wondering what’s in store for the housing market this year?
If you own a home, your net worth has probably gone up a lot over the past year.
Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.
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 levels of equity. That means signs say there won’t be a wave of foreclosures…
For a long time, the housing market was all sunshine for sellers.
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost…