Monthly Archives: January 2023
Home Price Appreciation since 2019
What is really happening with home prices? If you’re thinking of selling your Pennsylvania home in 2023, recently headlines about home prices may have you questioning that decision. Here’s the context those headlines are missing. Home price growth – year over year – since January of 2019 is illustrated here. While moderating in recent months... Read More
3 Factors That Affect Home Affordability
3 Factors That Affect Home Affordability If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving... Read More
What Past Recessions Tell Us About the Housing Market
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie... Read More