Entries by Brian Bemo

Two Questions Every Homebuyer Should Ask Themselves Right Now

If you’re thinking about buying a home, asking yourself about home prices and mortgage rates will help you make a powerful and confident decision. Experts see both prices and rates rising in the future. The alternative is to rent, but rents are also increasing. That may mean buying a home makes more sense than renting.

July 2022 Market Update

Note: July 2022 data below are the most recent released by the National Association of Realtors. Total existing-home sales) completed transactions that include single-family homes, townhomes, condominiums and co-ops) slipped 5.9% from June to a seasonally adjusted annual rate of 4.81 million in July. Year-over-year, sales fell 20.2% (6.03 million in July 2021). "The ongoing […]

June 2022 Market Update

Note: June 2022 data below are the most recent released by the National Association of Realtors. Total existing-home sales) completed transactions that include single-family homes, townhomes, condominiums and co-ops) dipped 5.4% from May to a seasonally adjusted annual rate of 5.12 million in June. Year-over-year, sales fell 14.2% (5.97 million in June 2021). "Falling housing […]

What Would a Recession Mean for the Housing Market?

There’s no doubt everyone remembers what happened in the housing market in 2008. But you don’t need to fear the word recession if you’re planning to buy or sell a home. According to historical data, in most recessions, home price gains have stayed strong, and mortgage rates have declined.

If you’re thinking about buying or selling a home, let’s connect so you have expert advice on what’s happening in the housing market and what that means for your homeownership goals.