AUGUST REAL ESTATE NEWS: THE TRUTH ABOUT WHERE HOME PRICES ARE HEADING

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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 ease your fears about the years ahead (see graph below) : And if you take a look at ...
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Did the Value of Your Home Change Last Month?

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It's completely natural for homeowners to feel curious about their property values for a multitude of reasons—perhaps you're contemplating selling, considering refinancing, or simply wondering how much your home has appreciated since your purchase. Just enter your address below

 
Whatever your motivation, Pam Boyle & Associates is here to offer you a far more precise and objective market analysis than online estimates (i.e. Zillow).

 While these online valuations can serve as a useful starting point, they often fail to capture the unique characteristics of your home, such as its condition, upgrades, and other critical factors that can significantly impact its true value. 

I can relate to this firsthand; I was surprised to discover that my own home's square footage was inaccurately represented on several automated valuation sites! 

 If you're ready to gain a clearer understanding of your property's worth, don’t hesitate to reach out for a comprehensive assessment—I'm here to support you every step of the way on your real estate journey.

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