Category: Real Estate with Andy Sikora

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates.

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023.

Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. 

Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.

Have you ever wondered how inflation impacts the housing market?

Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are?

Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider.

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence.

There are only about half the number of homes for sale compared to the last normal years in the market.

There’s been talk about a recession for quite a while now.