If you're considering buying or selling a home, you undoubtedly want to know the truth about housing supply, mortgage rates, home prices, and other factors. Given how sensationalized today's headlines are, this is not a simple task. Jay Thompson, a consultant for the real estate sector, explains:

“Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.”

Unfortunately, when information in the media isn’t clear, it can generate a lot of fear and uncertainty in the market. As Jason Lewris, Cofounder and Chief Data Officer at Parcl, says:

“In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, uncertainty, and doubt.”

However, things don't have to be that way. A major decision like buying or selling a property should give you confidence. Lean on a local real estate professional to help you sort fact from fiction and get the answers you need.

Your best resource for understanding what's going on at the national and local levels is a trustworthy expert (LGRG). They'll be able to refute the headlines with reliable data. Additionally, utilizing their in-depth knowledge of the industry they will provide context, historical statistics, and other information so you can understand how current trends compare to the typical ebbs and flows in the industry.

They will then inform you if your local area is following the national trend or if they're observing something different in your market to make sure you have the whole picture. You will combine all of that knowledge to arrive at the best choice for you.

After all, making a move is a potentially life-changing milestone. It should be something you feel ready for and excited about. And that’s where an agent comes in.

Bottom Line

If you have questions about the headlines or what’s happening in the housing market today, let’s connect so you have expert insights and advice on your side.