
Expert Home Price Forecasts Revised Up for 2023
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong.While there
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![Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20230905/16/w600_original_f25ade0c-04c9-4643-95f7-2079d64a66ec-png.webp)
Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
Some HighlightsYour equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, y
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How Inflation Affects the Housing Market
Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship Between Housing Inflation and Overall InflationShelter inflatio
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![Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20230826/16/w600_original_26563998-5011-4193-a776-bc768b1cb3d0-png.webp)
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
Some HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If you're thinking of selling, get in touch w
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