Supply

June 4, 2020

Home Prices: It’s All About Supply and Demand

Challenges associated with the current health crisis has many wondering what impact the economic slowdown will have on home prices.
September 23, 2020

The Cost of a Home Is Far More Important than the Price

Whenever there is a shortage in supply of an item that’s in high demand, the price of that item increases. That’s exactly what’s happening in the real estate market right now. CoreLogic’s latest Home Price Index reports that values have increased by 5.5% over the last year. This is great news if you’re planning to sell your house; on the other hand, as either a first-time or repeat buyer, this may instead seem like troubling news. However, purchasers should realize that the price of a house is not as important as the cost.