Michael R Balog

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So far Michael R Balog has created 690 blog entries.

What Experts Project for Home Prices Over the Next 5 Years

If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than expected and are rising across the country. [...]

By |2023-09-12T09:26:52-04:00September 12th, 2023|Uncategorized|0 Comments

Home Price Forecasts Revised for 2023

Some Highlights Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low. While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease. Let’s connect so [...]

By |2023-09-08T08:00:34-04:00September 8th, 2023|News, Trending Real Estate Topics, Uncategorized|0 Comments

Get Ready for Smaller, More Affordable Homes

Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options? If so, here’s some good news – based on what Ali Wolf, Chief Economist at Zonda, has to say – smaller, more affordable homes are on the way: “Buyers should expect that over the next 12 [...]

By |2023-09-07T08:22:43-04:00September 7th, 2023|News, Trending Real Estate Topics, Uncategorized|0 Comments

Mortgage Rates: Past, Present, and Possible Future

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have [...]

By |2023-09-06T11:07:23-04:00September 6th, 2023|News, Trending Real Estate Topics, Uncategorized|0 Comments

Homeowners Have a Lot of Equity Right Now

Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, [...]

By |2023-09-01T08:00:58-04:00September 1st, 2023|News, Trending Real Estate Topics, Uncategorized|0 Comments
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