[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2yz4xw5btxons":3,"$ffeh0925h8cuz":51,"$f2emv3tus0uf1":55,"$fbwk2pqjjqsc7":59},{"item":4,"previous":39,"next":45},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":37,"updatedAt":38},1292,"no-worries-home-prices-coming-in-for-a-soft-landing","No Worries… Home Prices Coming in for a SOFT Landing","Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing.\r\n\r\n","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F02\u002F25131019\u002FShare-KCM6.jpg","Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing.\r\n\r\n\u003C!--more-->\r\n\r\nThe previous housing market was fueled by an artificial demand created by mortgage standards that were far too lenient. When this demand was shut off, a flood of inventory came to market. This included heavily discounted distressed properties (foreclosures and short sales).\r\n\r\nToday’s market is totally different. Mortgage standards are tighter than they were prior to the last boom and bust. There is no fear that a rush of foreclosures will come to market. The \u003Cem>Mortgage Bankers’ Association\u003C\u002Fem> just \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2019\u002F02\u002F21\u002F3-reasons-why-we-are-not-heading-toward-another-housing-crash\u002F\">announced\u003C\u002Fa> that foreclosures are lower today than at any time since 1996.\r\n\r\n\u003Cem>Case Shiller\u003C\u002Fem> looks at the percentage of appreciation as compared to the same month the year prior. Here is a graph of their findings over the last ten months:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F02\u002F20190228-ENG-MEM.jpeg\">\u003Cimg class=\"alignnone wp-image-39105\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F02\u002F20190228-ENG-MEM.jpeg\" alt=\"No Worries… Home Prices Coming in for a SOFT Landing | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nAs we can see, home price appreciation is softening as more inventory comes to market. This shows that real estate prices are not crashing, but merely returning toward historic appreciation numbers of 3.6% annually.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nHome prices are leveling off. Long term, that is a good thing for the housing market.","\r\nHome prices are leveling off. Long term, that is a good thing for the housing market.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F02\u002F20190228-ENG-MEM.jpeg",false,[17,21,25,29,33],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},9,"Home Prices","home-prices",{"id":30,"name":31,"slug":32},11,"First-Time Buyers","first-time-buyers",{"id":34,"name":35,"slug":36},38,"Move-Up","move-up","2019-02-28T10:00:43Z","2019-02-26T21:05:13Z",{"id":40,"slug":41,"title":42,"featuredImage":43,"publishedAt":44,"contentType":10,"isVideo":15},1291,"interest-rates-hit-new-12-month-low","Interest Rates Hit New 12 Month Low!","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F02\u002F15132514\u002FShare-KCM8.jpg","2019-02-27T10:00:18Z",{"id":46,"slug":47,"title":48,"featuredImage":49,"publishedAt":50,"contentType":10,"isVideo":15},1293,"home-prices-up-5-73-across-the-country-infographic-2","Home Prices Up 5.73% Across the Country! 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