What are your thoughts?

8 major analysts believe home prices will still edge up this year, averaging roughly a one-to-two percent bump nationwide. That is far from the double-digit leaps we saw during the pandemic rush, yet it also shows we are not heading for a crash.

Mortgage experts see rates staying close to where they sit today. The consensus from Fannie Mae, MBA, and Wells Fargo has thirty-year loans hanging out in the mid-six percent range through next year. In other words, a big rate drop is not on the horizon, so waiting for a dramatic shift may backfire.

Bottom line: the market is settling into a slower, steadier pace. If a move fits your life plans, focus on the numbers that matter to you, payment, equity, and long-term goals, and lean on a pro who tracks the local data, not the headlines.