There's a lot of noise out there, but let's focus on facts:
Nearly 40% of U.S. homeowners own their homes outright - a record high.
This means:
Greater financial stability for many
Less risk of widespread foreclosures
A market less vulnerable to economic swings
Additionally, most experts are predicting that home values will rise 2-4% in 2025.
This market is not perfect.
There are real concerns around affordability and the general lack of inventory, but there is also hope because we're expecting a series of rate cuts going into the last quarter of this year.
As always, I'm here to help you navigate the market.
P.S. If it's been more than 6 months since you've checked your home's value, reply to this email with your address. I think you're going to be surprised how much your home's value has changed.