Will Home Prices Fall This Year? Here’s What Experts Say.

Many people are wondering: will home prices fall this year?
Many people are wondering: will home prices fall this year?
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs.
While you may have seen recent stories about the volume of foreclosures today, context is important.
In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year.
If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.