[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f39lbw3fwj3dn":3,"$ffeh0925h8cuz":50,"$f2emv3tus0uf1":54,"$fbwk2pqjjqsc7":58},{"item":4,"previous":38,"next":44},{"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":36,"updatedAt":37},4078,"what-does-the-rest-of-the-year-hold-for-the-housing-market","What Does the Rest of the Year Hold for the Housing Market?","If you’re thinking of \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F05\u002Fthree-tips-for-first-time-homebuyers\u002F\">buying\u003C\u002Fa> or \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F16\u002Fif-youre-a-homeowner-you-have-incredible-leverage-when-you-sell-today\u002F\">selling\u003C\u002Fa> a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F05\u002F27112230\u002F20220531-KCM-Share.jpg","If you’re thinking of \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F05\u002Fthree-tips-for-first-time-homebuyers\u002F\">buying\u003C\u002Fa> or \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F16\u002Fif-youre-a-homeowner-you-have-incredible-leverage-when-you-sell-today\u002F\">selling\u003C\u002Fa> a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say.\u003C!--more-->\r\n\u003Ch4>\u003Cstrong>The Number of Homes Available for Sale Is Likely To Grow\u003C\u002Fstrong>\u003C\u002Fh4>\r\nThere are early signs \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F11\u002Fare-there-more-homes-coming-to-the-market\u002F\">housing inventory\u003C\u002Fa> is starting to grow and experts say that should continue in the months ahead. \u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002Fweekly-housing-trends-view-data-week-apr-23-2022\u002F\">According\u003C\u002Fa> to Danielle Hale, Chief Economist at \u003Cem>realtor.com\u003C\u002Fem>:\r\n\u003Cblockquote>\u003Cem>“The gap between this year’s homes for sale and last year’s is one-fifth the size that it was at the beginning of the year. The catch up is likely to \u003C\u002Fem>\u003Cem>continue,\u003C\u002Fem>\u003Cem> . . . \u003Cstrong>This growth will mean more options for shoppers than they’ve had in a while, even though inventory continues to lag pre-pandemic normal\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Cul>\r\n \t\u003Cli>\u003Cstrong>As a buyer\u003C\u002Fstrong>, having more options is welcome news. Just remember, housing supply is still low, so be ready to act fast and put in your \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F03\u002Fthings-that-could-help-you-win-a-bidding-war-on-a-home\u002F\">best offer\u003C\u002Fa> up front.\u003C\u002Fli>\r\n \t\u003Cli>\u003Cstrong>As a seller\u003C\u002Fstrong>, your house may soon face more competition when other sellers list their homes. But the good news is, if you’re also buying your next home, having more options to choose from should make that move-up process easier.\u003C\u002Fli>\r\n\u003C\u002Ful>\r\n\u003Ch4>\u003Cstrong>Mortgage Rates Will Likely Continue To Respond to Inflationary Pressures\u003C\u002Fstrong>\u003C\u002Fh4>\r\nExperts also agree \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F04\u002F26\u002Fhow-homeownership-can-help-shield-you-from-inflation\u002F\">inflation\u003C\u002Fa> should continue to drive up mortgage rates, albeit more moderately. Odeta Kushi, Deputy Chief Economist at \u003Cem>First American\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fwww.marketwatch.com\u002Fstory\u002Fthe-pandemic-boom-in-home-sales-is-over-mortgage-rates-soar-to-highest-level-since-2009-as-the-fed-pressures-the-housing-market-11651760108\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cstrong>\u003Cem>“… ongoing inflationary pressure remains likely to push mortgage rates even higher in the months to come.” \u003C\u002Fem>\u003C\u002Fstrong>\u003Cstrong> \u003C\u002Fstrong>\u003C\u002Fblockquote>\r\n\u003Cul>\r\n \t\u003Cli>\u003Cstrong>As a buyer\u003C\u002Fstrong>, work with trusted real estate professionals, including your lender, so you can learn how rising mortgage rate environments impact your \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F09\u002Fhow-todays-mortgage-rates-impact-your-home-purchase\u002F\">purchasing power\u003C\u002Fa>. It may make sense to buy now before it costs more to do so, if you’re ready.\u003C\u002Fli>\r\n \t\u003Cli>\u003Cstrong>As a seller\u003C\u002Fstrong>, rising \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F17\u002Fwhy-rising-mortgage-rates-push-buyers-off-the-fence\u002F\">mortgage rates\u003C\u002Fa> are motivating some homeowners to make a move up sooner rather than later. If you’re planning to buy your next home, talk to a trusted real estate advisor to decide how to time your move.\u003C\u002Fli>\r\n\u003C\u002Ful>\r\n\u003Ch4>\u003Cstrong>Home Prices Are Projected To Continue To Climb\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F02\u002Ftodays-home-price-appreciation-is-great-news-for-existing-homeowners\u002F\">Home prices\u003C\u002Fa> are forecast to keep appreciating because there are still fewer homes for sale than there are buyers in the market. That said, experts agree the pace of that appreciation should moderate – but \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F10\u002Fwill-home-prices-fall-this-year-heres-what-experts-say\u002F\">home prices\u003C\u002Fa> won’t fall. Lawrence Yun, Chief Economist at the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Ffirst-quarter-of-2022-brings-double-digit-price-appreciation-for-70-of-metros\">explains\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Prices throughout the country have surged for the better part of two years, including in the first quarter of 2022. . . \u003Cstrong>Given the extremely low inventory, we're unlikely to see price declines, but appreciation should slow in the coming months.\u003C\u002Fstrong>” \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Cul>\r\n \t\u003Cli>\u003Cstrong>As a buyer\u003C\u002Fstrong>, continued home price appreciation means it’ll cost you more to buy the longer you wait. But it also gives you peace of mind that, once you do buy a home, it will likely grow in value. That makes it historically a good investment and a strong hedge against \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F20\u002Fdont-let-rising-inflation-delay-your-homeownership-plans-infographic\u002F\">inflation\u003C\u002Fa>.\u003C\u002Fli>\r\n \t\u003Cli>\u003Cstrong>As a seller\u003C\u002Fstrong>, price appreciation is great news for the value of your home. Again, lean on a professional to strike the right balance of the best conditions possible for both selling your house and buying your next one.\u003C\u002Fli>\r\n\u003C\u002Ful>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWhether you’re a homebuyer or seller, you need to know what’s happening in the housing market, so you can make the most \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F23\u002Fwork-with-a-real-estate-professional-if-you-want-the-best-advice\u002F\">informed decision\u003C\u002Fa> possible. Let’s connect to discuss your goals and what lies ahead, so you can pick your best time to make a move.","\r\nWhether you’re a homebuyer or seller, you need to know what’s happening in the housing market, so you can make the most \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F05\u002F23\u002Fwork-with-a-real-estate-professional-if-you-want-the-best-advice\u002F\">informed decision\u003C\u002Fa> possible. Let’s connect to discuss your goals and what lies ahead, so you can pick your best time to make a move.",false,[16,20,24,28,32],{"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",{"id":33,"name":34,"slug":35},38,"Move-Up","move-up","2022-05-31T10:00:04Z","2023-02-03T15:34:14Z",{"id":39,"slug":40,"title":41,"featuredImage":42,"publishedAt":43,"contentType":10,"isVideo":14},4069,"remember-and-honor-those-who-gave-all-2022","Remember and Honor Those Who Gave All","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F05\u002F25092417\u002F20220530-KCM-Share.png","2022-05-30T10:00:11Z",{"id":45,"slug":46,"title":47,"featuredImage":48,"publishedAt":49,"contentType":10,"isVideo":14},4080,"why-home-loans-today-arent-what-they-were-in-the-past","Why Home Loans Today Aren’t What They Were in the Past","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F05\u002F31133218\u002F20220601-KCM-Share.jpg","2022-06-01T10:00:22Z",{"cover":51,"open":52,"shareSpread":53},"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":55,"open":56,"shareSpread":57},"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",[59,63,64,65,69,73,77,78,82,83,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156,160],{"id":60,"name":61,"slug":62},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":21,"name":22,"slug":23},{"id":66,"name":67,"slug":68},7,"Foreclosures","foreclosures",{"id":70,"name":71,"slug":72},8,"Infographics","infographics",{"id":74,"name":75,"slug":76},9,"Home Prices","home-prices",{"id":25,"name":26,"slug":27},{"id":79,"name":80,"slug":81},34,"Senior Market","senior-market",{"id":29,"name":30,"slug":31},{"id":33,"name":34,"slug":35},{"id":85,"name":86,"slug":87},41,"For Sale by Owner","for-sale-by-owner",{"id":89,"name":90,"slug":91},42,"Featured","featured",{"id":93,"name":94,"slug":95},45,"New Construction","new-construction",{"id":97,"name":98,"slug":99},52,"Luxury \u002F Vacation","luxury--vacation",{"id":101,"name":102,"slug":103},53,"Rent vs. Buy","rent-vs-buy",{"id":105,"name":106,"slug":107},80,"Time-sensitive","time-sensitive",{"id":109,"name":110,"slug":111},81,"Outdated","outdated",{"id":113,"name":114,"slug":115},147,"Internal","internal",{"id":117,"name":118,"slug":119},148,"Do Not Autopost","do-not-autopost",{"id":121,"name":122,"slug":123},320,"Inventory","inventory",{"id":125,"name":126,"slug":127},321,"Agent Value","agent-value",{"id":129,"name":130,"slug":131},322,"Affordability","affordability",{"id":133,"name":134,"slug":135},323,"Buying Tips","buying-tips",{"id":137,"name":138,"slug":139},324,"Downsize","downsize",{"id":141,"name":142,"slug":143},325,"Economy","economy",{"id":145,"name":146,"slug":147},326,"Equity","equity",{"id":149,"name":150,"slug":151},327,"Forecasts","forecasts",{"id":153,"name":154,"slug":155},328,"Selling Tips","selling-tips",{"id":157,"name":158,"slug":159},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":161,"name":162,"slug":163},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]