Over the past year, home prices have been a widely debated topic. 

Some Highlights

• Today’s housing market is different than it was in 2008.
• Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity.

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. 

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years.

The housing market has been going through shifts lately.

One of the benefits of being a homeowner is that you build equity over time. 

Some Highlights

• If you’re trying to decide whether to rent or buy a home, there are a few things you should consider.
• Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.

Are you planning to buy a home this spring?

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market.