Interest Rates - Wheeler Ranch Realty

What Are Your Goals in the Housing Market This Year?

$\"What$ If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, high inflation had a big impact on the economy, the […]

What To Expect From the Housing Market in 2023

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing / By zebrastripes123

$\"What$ The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before […]

Mortgage Rates Are Dropping. What Does That Mean for You?

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers / By zebrastripes123

$\"Mortgage$ Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), […]

2023 Housing Market Forecast [INFOGRAPHIC]

For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates / By zebrastripes123

$\"2023$

Some Highlights

From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation.
If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.

What’s Going on with Home Prices? Ask a Professional.

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing / By zebrastripes123

$\"What’s$ If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in […]

Mortgage Rates Will Come Down, It’s Just a Matter of Time

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers / By zebrastripes123

$\"Mortgage$ This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power […]

What’s Ahead for Mortgage Rates and Home Prices?

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing / By zebrastripes123

$\"What’s$ Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your […]

Key Factors Affecting Home Affordability Today

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing / By zebrastripes123

$\"Key$ Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here […]

What Happens to Housing when There’s a Recession?

For Buyers, For Sellers, Housing Market Updates, Interest Rates / By zebrastripes123

$\"What$ Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 […]

Four Things That Help Determine Your Mortgage Rate

Down Payments, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers / By zebrastripes123

$\"Four$ If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If you’re looking for ways to combat today’s […]