Is The Real Estate Market Crashing?

 

Are Home Values Falling?

You might have seen a post or two on social media about the pending housing market crash and falling home values.  Some people love to talk about gloom and doom.  For the most part, home values are steady across most of the country.  The exception to that is in the West.  So, what is really going on?

Housing Market Update

Here is what is really going on in the housing market.  Interest rates are at a four-year low.  Home value growth has leveled off to a more historical normal level.  Wages are up across the board.  December home sales were the strongest in three years (January and February numbers will be off because of the weather).  Inventory is approaching normal levels.  All of these factors point to a strong market.  This is a good time to buy or sell.

How Much Is Your Home Worth?

To find out, let's start with a free home valuation.  Click here to find out how much your home is worth.

How Much Home Can I Afford?

We always defer to the loan experts to determine how much you can afford.  The best way to find out is to connect with our preferred lending partner, Trey Budke from USA Mortgage.  Click here to find out how much home you can afford.