Your Home Equity May Surprise You
The Federal Reserve just released data for the second quarter in 2024, showing homeowners across the nation are collectively holding a staggering $35.1 trillion in home equity. This represents an incredible 85% increase from just five years ago, when the total stood at $19 trillion in Q2 - 2019.
Mortgage rates just flipped the housing market
Mortgage rates have dropped significantly from just one year ago and looking ahead, most analysts expect mortgage rates to continue to fall which should most home buyers and sellers.
For Buyers: Lower mortgage rates means increased affordability.
For Sellers: Lower mortgage rates means more buyer
30 Years of Home Prices: A Journey Through Booms, Busts, and Beyond
The Evolution of Home Prices Over the Last 30 Years
Over the past 30 years, the U.S. housing market has seen tremendous fluctuations in home prices, shaped by a combination of economic cycles, policy changes, demographic shifts, and technological advancements. From the housing boom of the early 200
Trey Bruning
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