If youre thinking about buying or selling a home, you probably want to know whats really happening with home prices, mortgage rates, housing supply, and more. Thats not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains:
Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.
Unfortunately, when information in the media isnt clear, it can generate a lot of fear and uncertainty in the market. As Jason Lewris, Cofounder and Chief Data Officer at Parcl, says:
In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, uncertainty, and doubt.
But it doesnt have to be that way. Buying or selling a home is a big decision, and it should be one you feel confident making. To help you separate fact from fiction and get the answers you need, lean on a local real estate advisor.
A trusted expert is your best resource to understand whats happening at the national and local levels. Theyll be able to debunk the headlines using data you can trust. And using their in-depth knowledge of the industry, theyll provide context so you know how current trends compare to the normal ebbs and flows in the industry, historical data and more.
Then, to make sure you have the full picture, theyll tell you if your local area is following the national trend or if theyre seeing something different in your market. Together, youll use all of that information to make the best possible decision for you.
After all, making a move is a potentially life-changing milestone. It should be something you feel ready for and excited about. And thats where an agent comes in.
Bottom Line
If you have questions about the headlines or whats happening in the housing market today, lets connect so you have expert insights and advice on your side.
