Angela Peters

REALTOR
License#: NE - 20110578, IA - S73434000

Blog

Thanks that make you go Hmmmm

By Angela Peters - July 05, 2023
A picture is worth a thousand words US real estate statistics give agents, brokers, investors, and clients data-based insights into the constantly shifting housing market. These are particularly helpful when searching for a house, selling a home, listing or searching for a rental home, or representing clients in the current market. We analyzed the latest local median home sale prices, mortgage ra

Why This Housing Market Is Not a Bubble Ready To Pop

By Angela Peters - July 03, 2023
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by the GI Bill to purchase a

Housing inventory grew in May, 2023 WHAAAATNOOOOOWAYYYY!

By Angela Peters - June 30, 2023
Housing Inventory G R E W in May 2023 Housing inventory grew in May while existing-home sales edged higher by 0.2%. Latest News Existing-home sales rose 0.2% in May 2023, with gains in the South and West and declines in the Northeast and Midwest regions of the U.S. Sales in all four regions fell year-over-year. Read the full news release. See the summary of May 2023 Existing Home Sales S

Are Home Prices Going Up or Down? That Depends…

By Angela Peters - June 28, 2023
Are Home Prices Going Up or Down? That Depends… Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M). Here’s

Why the Median Home Price Is Meaningless in Today’s Market

By Angela Peters - June 23, 2023
Why the Median Home Price Is Meaningless in Today’s Market The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’

This Real Estate Market Is the Strongest of Our Lifetime

By Angela Peters - June 14, 2023
This Real Estate Market Is the Strongest of Our Lifetime When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1. The Current Mortgage Rate on Exis

The Main Reason Mortgage Rates Are So High

By Angela Peters - June 12, 2023
The Main Reason Mortgage Rates Are So High Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are Mortgage Rates So High? When Will Rates Go Back Down? Here’s context you ne

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

By Angela Peters - June 06, 2023
Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. Comparing this year’s numbers to the two ‘unicorn’ years we just experienced is almost worthles

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