Vangie Williams - Realtor

08/12/2022

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Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]

Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures like the last time. If you have questions about the housing market, DM me.


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Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means sign...

08/11/2022

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What Does the Rest of the Year Hold for Home Prices?

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year?

>>Last Year’s Rapid Home Price Growth Wasn’t the Norm

In 2021, home prices appreciated quickly. There were more people looking to make a purchase than there were homes available for sale. That led to competitive bidding wars which drove prices up.

That appreciation was greater than the pre-pandemic norm which was typically around 3.8%. This goes to show, 2021 was an anomaly in the housing market spurred by more buyers than homes for sale.

>>Home Price Appreciation Moderates Today

This year, home price appreciation is slowing from the feverish pace the market saw over the past two years. According to the latest forecasts, experts say on average, nationwide, prices will still...


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Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals.

08/10/2022

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Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.

But what was once your greatest challenge may now be your greatest opportunity. Today, data shows buyer demand is moderating in the wake of higher mortgage rates. Here are a few reasons why this shift in the housing market is good news for your homebuying plans.

>>The Challenge

There were many reasons for the limited number of homes on the market during the pandemic, including a history of underbuilding new homes since the market crash in 2008.

>>The Opportunity

Moderating demand is slowing the pace of home sales and that’s one of the reasons...


www.vangiewilliams.com

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.

08/09/2022

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Selling Your House? Your Asking Price Matters More Now Than Ever

While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because rising mortgage rates are creating less buyer demand. Because of this, there are more homes on the market. And in a shift like this one, the way you price your home matters more than ever.

During the pandemic, sellers could price their home higher because demand was so high, and supply was so low. This year, things are shifting, and that means your approach to pricing your house needs to shift too. Because we’re seeing less buyer demand, sellers have to recognize this is a different market than it was during the pandemic. Here’s what’s at stake if you don’t.

The price you set for your house sends a message to potential buyers. If you price it too...


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There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house?

08/08/2022

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If you put your home search on pause because you couldn’t find a home to buy, now may be your chance. That’s because the inventory of homes for sale has grown this year. More options should mean more opportunity to find the home of your dreams. If you’re ready to buy, DM me.


www.vangiewilliams.com

08/07/2022

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As a homeowner, you gain equity as you pay down your home loan over time and as home values appreciate. And since home prices have risen so much over the past year, you may have more equity than you realize. That equity can help fuel a move. If you want to find out how you can use your equity when you sell, DM me today.


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08/06/2022

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If you’re worried the housing market is a bubble, today is nothing like 2008. In the lead up to the crash, it was much easier to get a home loan than it is now. Buyers now face higher lending standards, and that's one thing that's helping to prevent a flood of foreclosures. If you have questions about why this isn’t like last time, DM me.


www.vangiewilliams.com

08/05/2022

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If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate, ongoing appreciation is expected. That means home prices won’t fall. DM me if you want to learn more.


www.vangiewilliams.com

08/04/2022

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Did the Home of Your Dreams Just Come onto the Market?

The supply of homes for sale has been increasing, and that gives you a better chance of finding the home of your dreams. Let's connect today so you can start exploring homes in our local market.


www.vangiewilliams.com

08/03/2022

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Buying a Home May Make More Financial Sense Than Renting One

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well.

That means rising prices will likely impact your housing plans either way. But there are a few key differences that could make buying a home a more worthwhile option for you.

>>If You Need More Space, Buying a Home May Be More Affordable

What you may not realize is that, according to the latest data from realtor.com and the National Association of Realtors (NAR), it may actually be more affordable to buy than rent depending on how many bedrooms you need. So, if one of the factors motivating you to move is a desire for more space, this could be the added encouragement...


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If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says:

08/02/2022

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Wondering if you should rent or buy a home? If so, consider this. As a homeowner, your fixed-rate mortgage allows you to lock in a housing payment for the life of your loan. This helps stabilize one of your biggest monthly expenses – even while inflation is high. If you want to learn more about the long-term benefits of owning a home, DM me today.


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08/01/2022

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Why Are People Moving Today?

Buying a home is a major life decision. While mortgage rates are higher than they were at the start of the year and home prices are rising, you shouldn’t put your plans on hold based solely on market factors. Instead, it’s necessary to consider why you want to move and how important those reasons are to you. Here are two of the biggest personal motivators driving people to buy homes today.

>>A Need for More Space
Moving.com looked at migration patterns to determine why people moved to specific areas. One trend that emerged was the need for additional space, both indoors and outdoors. Outgrowing your home isn’t new. If you’re craving a large yard, more entertaining room, or just need more storage areas or bedrooms overall, having the physical space you need for your desired lifestyle may be reason enough to make a change.

>>A...


www.vangiewilliams.com

Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you.