Thursday, July 10, 2025 / by Joyce Dungca
There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a crash.
Yes, in some local markets, prices are flattening or even dipping slightly this year as more homes hit the market. That’s normal with rising inventory. But the bigger picture is what really matters, and it’s far less dramatic than what the doom-and-gloom headlines suggest. Here’s why.
Over 100 leading housing market experts were surveyed in the latest Home Price Expectations Survey (HPES) from Fannie Mae. Their collective forecast shows prices are projected to keep rising over the next 5 years, just at a slower, healthier pace than what we’ve seen more recently. And that kind of steady, sustainable growth should be one factor to help ea ...
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team raj jaggi, buyers, sellers, housing market, home prices, foreclosures
Wednesday, July 9, 2025 / by Joyce Dungca
If you're a homeowner planning to move, you're probably wondering what the process is going to look like and what you should tackle first:
Is it better to start by finding your next home?
Or should you sell your current house before you go out looking?
Ultimately, what’s right for you depends on a lot of factors. And that’s where an agent’s experience can really help make your next step clear.
They know your local market, the latest trends, and what’s working for other homeowners right now. And they’ll be able to make a recommendation based on their expertise and your needs.
But here’s a little bit of a sneak peek. In many cases today, getting your current home on the market first can put you in a better spot. Here’s why that order tends to work best (and how an agent can help).
The Advantages of Selling First
1. You’ll Unlock Your Home Equity
Selling your current home before you try to buy your next one allows you to acc ...
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team raj jaggi, buyers, sellers, housing market, equity, home owners, mortgage
Monday, July 7, 2025 / by Joyce Dungca
If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong.
Lenders are making it slightly easier for well-qualified buyers to access financing, which is opening more doors for people ready to make a move.
So, if strict requirements were holding you back, this shift could be the opportunity you’ve been waiting for, without repeating the risky lending practices that led to the housing crash back in 2008.
Lenders Are Opening More Doors
Banks are offering credit to more people in an effort to boost activity in the housing market, including buyers who have lower credit scores or smaller down payments. And that means more people are getting approved for mortgages.
But it doesn’t mean we’re heading for another crash like 2008. Even with the slight easing lately, lending standards today are still much tight ...
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team raj jaggi, buyers, sellers, housing market, mortgage rates, homeownership, mortgage
Thursday, July 3, 2025 / by Joyce Dungca
If you’ve seen headlines saying home sales are down compared to last year, you might be thinking – is it even a good time to sell?
Here’s the thing. Sure, the pace of the market has cooled compared to the frenzy we saw just a few years ago, but that’s not a red flag. It’s a return to normal. And normal doesn’t mean nothing’s happening. Buyers are still out there – and homes are still selling.
Why? Because real life doesn’t pause for perfect conditions. There are always people who need to buy – and this year is no exception. Buyers who are in the middle of a big change in their lives, a new marriage, a growing family, or a new job still need to move, no matter where mortgage rates are. And they may be looking for a home just like yours.
Every Minute 8 Homes Sell
Let’s break it down using the latest sales data from the National Association of Realtors (NAR). Based on the current pace ...
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team raj jaggi, buyers, sellers, housing market, mortgage rates, real estate agents
