New Standard Realty

Housing Price Trends

Housing Price Trends April 2023

Updated 04/04/23  This newsletter is updated as the economy and situations change. Housing prices just went up a little this past month but are still down 10% – 12% (+/-) from their peak last May depending  on the desirability of the home and neighborhood. Escalating interest rates have caused housing payments to rise near 30% (PITI).  If […]

Interest Rate Trends

Interest Rate Trends March 2023

Updated 03/28/2023 There are some financial indicators suggesting rates might come down a little later in the year.                The same home today will have a 30% higher monthly payment (PITI) compared to a year ago.  For now, the roughly 150% rise in interest rates over the last 12 […]

Rental Value Trends

Rental Value Trends Sept 2022

Updated 09/27/22  This newsletter is updated as the economy and situations change. CLICK FREE Rental Analysis BELOW TO IMMEDIATELY GET YOUR HOME’S RENTAL VALUE “When people can no longer afford to buy a home, the price of rent goes up.”  It is likely rents will increase in the coming year because high interest rates have driven […]