The Market for Homebuyers

Buying a home is getting harder and harder as the days go on and the market gets worse for homebuyers, but don’t worry we are here to help! Amid 2020 and the beginning of a national pandemic, housing prices began to dip which made a shopping frenzy for home buyers! However, now we are almost halfway into 2022 and we are beginning to see the rise of the selling prices along with federal mortgage rates. Based on past experiences, we usually will associate the rise of mortgage rates followed by a dip in selling prices, unfortunately that may not be the situation we have this time. Read this article written by Fortune to give you a little more insight of the likelihood of home prices dropping in your area! Need any help buying or selling your home? Lauren GeRoy has your back!