Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]

by Seth PfaehlerFor Buyers, For Sellers, Foreclosures, Housing Market Updates, Infographics, PricingPosted on Comments are Disabled

Some Highlights Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years. Expect unsettling housing market headlines this year, mostly due to unfair comparisons with the ‘unicorn’ years. Connect with …

Read more “Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]”

Oops! Home Prices Didn’t Crash After All

by Seth PfaehlerFor Buyers, For Sellers, Housing Market Updates, PricingPosted on Comments are Disabled

During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: “I expect housing prices fall 10% to 15%, and the housing prices are accelerating on …

Read more “Oops! Home Prices Didn’t Crash After All”

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

by Seth PfaehlerFor Buyers, For Sellers, Foreclosures, Housing Market Updates, PricingPosted on Comments are Disabled

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared.  Comparing this year’s numbers to the two ‘unicorn’ years …

Read more “Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off”

What You Need To Know About Home Price News

by Seth PfaehlerFor Buyers, For Sellers, Housing Market Updates, PricingPosted on Comments are Disabled

The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices report repeat sales prices. …

Read more “What You Need To Know About Home Price News”

The Worst Home Price Declines Are Behind Us

by Seth PfaehlerFor Buyers, For Sellers, Housing Market Updates, PricingPosted on Comments are Disabled

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very …

Read more “The Worst Home Price Declines Are Behind Us”