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. 

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. 

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.