[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2974t3vhx9y3s":3,"$ffeh0925h8cuz":46,"$f2emv3tus0uf1":50,"$fbwk2pqjjqsc7":54},{"item":4,"previous":34,"next":40},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":32,"updatedAt":33},1247,"24-hours-that-suddenly-improved-the-market","24 Hours that Suddenly Improved the Market","This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F12\u002F21135306\u002F20181227-Share-STM.jpg","This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row.\u003C!--more-->\r\n\r\nTo many, the outlook heading into 2019 appeared dim... at best.\r\n\r\nThen, in a 24-hour window last week, things seemed to change. On Wednesday, the \u003Cem>National Association of Realtors’\u003C\u002Fem> (NAR) revealed in their\u003Cem> \u003C\u002Fem>\u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fexisting-home-sales-increase-for-second-consecutive-month\">Existing Homes Sales Report\u003C\u002Fa>\u003C\u002Fem> that home sales had \u003Cstrong>INCREASED\u003C\u002Fstrong> for the second consecutive month. The next day, NAR’s economic research team \u003Ca href=\"http:\u002F\u002Feconomistsoutlook.blogs.realtor.org\u002F2018\u002F12\u002F20\u002Ffirst-time-homebuyers-increase-to-33-percent-of-market-in-november-2018\u002F\">announced \u003C\u002Fa>that the percentage of first-time buyers in the market was higher than last month and even higher than a year ago.\r\n\u003Ch4>\u003Cstrong>What happened to turn around the downward momentum in the market? \u003C\u002Fstrong>\u003C\u002Fh4>\r\nYou only needed to wait a few hours to find out. On the heels of NAR’s revelations, \u003Cem>Zillow\u003C\u002Fem> released their \u003Cem>\u003Ca href=\"http:\u002F\u002Fzillow.mediaroom.com\u002F2018-12-20-Housing-Inventory-Grows-for-Third-Straight-Month\">November Real Estate Market Report \u003C\u002Fa>\u003C\u002Fem>that explained:\r\n\u003Cblockquote>\u003Cem>“After nearly four years of annual declines in inventory, the number of homes for sale has now increased year-over-year for three straight months...”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nEnding 2018, we now know two things:\r\n\u003Col>\r\n \t\u003Cli>Listing inventory increased over the last three months\u003C\u002Fli>\r\n \t\u003Cli>Home sales increased over the last two months\u003C\u002Fli>\r\n\u003C\u002Fol>\r\n\u003Cem>Maybe a lack of inventory was the major challenge all along.\u003C\u002Fem>\r\n\u003Ch4>\u003Cstrong>But, what about those pesky interest rates?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nLast Thursday (the day after all of the above news), \u003Cem>Freddie Mac\u003C\u002Fem> \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fpmms\u002F\">announced\u003C\u002Fa> that mortgage rates did not increase but instead decreased...again. From their release:\r\n\u003Cblockquote>\u003Cem>“The response to the recent decline in mortgage rates is already being felt in the housing market. After declining for six consecutive months, existing home sales finally rose in October and November and are essentially at the same level as during the summer months. \u003C\u002Fem>\r\n\r\n\u003Cem>This modest rebound in sales indicates that homebuyers are very sensitive to mortgage rate changes – and given the further drop in rates we’ve seen this month, we expect to see a modest rebound in home sales as well.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWill 2019 start out better than many have predicted? Perhaps, but we’ll have to wait and see. Things do look much better today, though, than they did just a month ago.","\r\nWill 2019 start out better than many have predicted? Perhaps, but we’ll have to wait and see. Things do look much better today, though, than they did just a month ago.",false,[16,20,24,28],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},6,"For Sellers","sellers",{"id":25,"name":26,"slug":27},11,"First-Time Buyers","first-time-buyers",{"id":29,"name":30,"slug":31},35,"Mortgage Rates","mortgage-rates","2018-12-27T10:00:11Z","2019-02-13T15:23:04Z",{"id":35,"slug":36,"title":37,"featuredImage":38,"publishedAt":39,"contentType":10,"isVideo":14},1246,"how-to-save-thousands-of-dollars-in-interest-on-your-mortgage","How to Save Thousands of Dollars in Interest on Your Mortgage","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F12\u002F19154935\u002F20181226-Share-STM.jpg","2018-12-26T10:00:00Z",{"id":41,"slug":42,"title":43,"featuredImage":44,"publishedAt":45,"contentType":10,"isVideo":14},1248,"where-is-the-housing-market-headed-in-2019-infographic","Where is the Housing Market Headed in 2019? [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F12\u002F18171824\u002F20181228-Share-STM.jpg","2018-12-28T11:00:42Z",{"cover":47,"open":48,"shareSpread":49},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":51,"open":52,"shareSpread":53},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[55,59,60,61,65,69,73,74,78,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155,159],{"id":56,"name":57,"slug":58},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":21,"name":22,"slug":23},{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":70,"name":71,"slug":72},9,"Home Prices","home-prices",{"id":25,"name":26,"slug":27},{"id":75,"name":76,"slug":77},34,"Senior Market","senior-market",{"id":29,"name":30,"slug":31},{"id":80,"name":81,"slug":82},38,"Move-Up","move-up",{"id":84,"name":85,"slug":86},41,"For Sale by Owner","for-sale-by-owner",{"id":88,"name":89,"slug":90},42,"Featured","featured",{"id":92,"name":93,"slug":94},45,"New Construction","new-construction",{"id":96,"name":97,"slug":98},52,"Luxury \u002F Vacation","luxury--vacation",{"id":100,"name":101,"slug":102},53,"Rent vs. Buy","rent-vs-buy",{"id":104,"name":105,"slug":106},80,"Time-sensitive","time-sensitive",{"id":108,"name":109,"slug":110},81,"Outdated","outdated",{"id":112,"name":113,"slug":114},147,"Internal","internal",{"id":116,"name":117,"slug":118},148,"Do Not Autopost","do-not-autopost",{"id":120,"name":121,"slug":122},320,"Inventory","inventory",{"id":124,"name":125,"slug":126},321,"Agent Value","agent-value",{"id":128,"name":129,"slug":130},322,"Affordability","affordability",{"id":132,"name":133,"slug":134},323,"Buying Tips","buying-tips",{"id":136,"name":137,"slug":138},324,"Downsize","downsize",{"id":140,"name":141,"slug":142},325,"Economy","economy",{"id":144,"name":145,"slug":146},326,"Equity","equity",{"id":148,"name":149,"slug":150},327,"Forecasts","forecasts",{"id":152,"name":153,"slug":154},328,"Selling Tips","selling-tips",{"id":156,"name":157,"slug":158},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":160,"name":161,"slug":162},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]