![There’s No Foreclosure Wave in Sight [INFOGRAPHIC]](https://cdn.jessicaberchtold.com/wp-content/uploads/2024/02/image-7-900x600.png)
Some Highlights
Have you seen headlines talking about the increase in foreclosures in today’s housing market? If so, they may leave you feeling a bit uneasy about what’s ahead. But remember, these
![Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]](https://cdn.jessicaberchtold.com/wp-content/uploads/2024/01/image-20-900x600.png)
The housing market has seen a rapid shift, prompting concerns of a 2008-style crash. However, factors like reduced foreclosures and increased homeowner equity distinguish today’s situation. Despite a rise in foreclosures amid the pandemic, they remain below pre-pandemic levels. Most homeowners have ample equity to avoid foreclosure. Context is crucial amid reports of increasing foreclosures.
In 2024, experts foresee continued home price growth, albeit at a slower pace than in 2023. The market is expected to be more active, potentially offering more options for buyers and sellers. Understanding these forecasts can help make informed decisions about real estate endeavors. Connecting with a local agent for guidance is key.
The latest data shows that home prices in the US have been rising steadily, with a more sustainable pace of increase in 2023. This is reassuring for both buyers and sellers. Buyers can benefit from making their purchase before prices climb higher, while sellers may find it advantageous to enter the market now.
