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    Have Home Values Hit Bottom?

    By Tribeca NW | January 18, 2023

    Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. Read More

    Think Twice Before Waiting for 3% Mortgage Rates

    By Tribeca NW | January 17, 2023

    Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. Read More

    What Past Recessions Tell Us About the Housing Market

    By Tribeca NW | January 16, 2023

    It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at Bankrate, says: Read More

    Key Terms To Know When Buying a Home [INFOGRAPHIC]

    By Tribeca NW | January 13, 2023

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    Is It Time To Sell Your Second Home?

    By Tribeca NW | January 12, 2023

    During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious. Read More

    Today’s Housing Market Is Nothing Like 15 Years Ago

    By Tribeca NW | January 11, 2023

    There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences. Read More

    The Truth About Negative Home Equity Headlines

    By Tribeca NW | January 10, 2023

    Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. Read More

    What Experts Are Saying About the 2023 Housing Market

    By Tribeca NW | January 9, 2023

    If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? Read More

    What Experts Are Saying About the 2023 Housing Market

    By Tribeca NW | January 9, 2023

    If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? Read More

    What Experts Are Saying About the 2023 Housing Market

    By Tribeca NW | January 9, 2023

    If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? Read More