A lot of home price headlines right now are misleading. Here’s the bad news: even more of those headlines are coming. But I can help you understand what’s actually happening. Take a look

Dated: August 1 2023
Views: 49
A lot of home price headlines right now are misleading. Here’s the bad news: even more of those headlines are coming. But I can help you understand what’s actually happening. Take a look at this.
This graph shows the forty-eight-year average for monthly home price movement. The last few years aren’t in here because nothing about those years were normal. I call those the unicorn 🦄 years. What this shows is what normally happens in the market.
Home price growth starts off slow at the beginning of the year, and really ramps up in the spring. That’s the peak homebuying season. Then, it cools off in the second half of the year.
Now, what you don’t see anywhere on this graph are red bars. That’s because it isn’t showing prices falling.
As we move into the second half of the year, price growth is gonna slow down. And headlines are gonna get it wrong and say prices are falling. Don’t listen to them. Listen to me. It’s my job to help you understand the facts, so you can stay one step ahead. Have questions? Let’s connect.
Kristina Young- Philbin is Team Leader for The Infinity Home Team at EXP Realty. Licensed since 2009 and working full time the Real Estate industry. Born and Raised in the Omaha Nebraska Metro and has....
A lot of home price headlines right now are misleading. Here’s the bad news: even more of those headlines are coming. But I can help you understand what’s actually happening. Take a look
I know a lot of you heard about the intense level of competition and the bidding wars we saw in the housing market over the last few years. While that peak is behind us, it doesn’t mean you
I’ve got some news any homebuyer out there wants to hear. I know a lot of you are frustrated by the limited number of homes for sale today. But what if I told you, you may have more options
Everybody wants to know what's gonna happen with mortgage rates. But here’s the thing about rates: they’re pretty much impossible to predict. I can't say for sure what lies ahead, but