If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original Continue Reading
According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a recession in the coming 12 months. And as more recession Continue Reading
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and the percentage is growing with time. If you’re thinking Continue Reading
Key Takeaways Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave Continue Reading
Undoubtedly, the housing market is slowing from the frenzy we witnessed over the past two years. But what does that mean for you if you’re considering selling your house? While home prices are still appreciating in most markets, and experts say that will continue, they’re climbing slower because rising mortgage rates create less buyer demand. Because of this, there Continue Reading
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm. In 2021, home prices appreciated quickly. One Continue Reading
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars, which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your greatest opportunity. Today, data shows buyer demand is Continue Reading
This months Culturally Inclined covers SoHo comprising the sub-neighborhood Hudson Square. Soho is not only known for artist lofts, trendy luxury shops, restaurants, and galleries. The streets with "brown street signs" mark the cast-iron historic district, and the ones in Hudson Square mark Charlton–King–Vandam Historic District, which contain the largest Continue Reading
This month Culturally Inclined, is all about the East Village. The East Village is known for its creativity and innovation. The area continues to be an innovator by preserving historic districts and landmarks, including many sustainability initiatives. East Side Coastal Resiliency The East Side Coastal Resiliency Project is underway to Continue Reading
124 Hudson Street
New York NY, 10013
![Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]](https://www.karenkostiw.com/wp-content/uploads/2022/08/Culturally-Inclined-800x460-3-1-350x200.png)
