by The Peggy Patenaude Team | May 30, 2023 | Buyers & Sellers, Housing Market Updates
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...
by The Peggy Patenaude Team | May 16, 2023 | Buyers & Sellers, Housing Market Updates
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...
by The Peggy Patenaude Team | May 15, 2023 | Buyers & Sellers, Housing Market Updates, Move-Up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage....
by The Peggy Patenaude Team | May 12, 2023 | Buyers & Sellers, Housing Market Updates, Infographic
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold...
by The Peggy Patenaude Team | May 9, 2023 | Buyers & Sellers, Foreclosures, Housing Market Updates
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the...
by The Peggy Patenaude Team | Mar 14, 2023 | Buyers & Sellers, Buying Myths, First Time Home Buyers
The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing...