{"id":2206,"date":"2019-04-04T05:00:11","date_gmt":"2019-04-04T10:00:11","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/3-graphs-that-show-what-you-need-to-know-about-todays-real-estate-market\/"},"modified":"2023-05-30T09:48:50","modified_gmt":"2023-05-30T14:48:50","slug":"3-graphs-that-show-what-you-need-to-know-about-todays-real-estate-market","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/3-graphs-that-show-what-you-need-to-know-about-todays-real-estate-market\/","title":{"rendered":"3 Graphs that Show What You Need to Know About Today\u2019s Real Estate Market"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/04\/29150731\/20190402-Share-KCM-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"3 Graphs that Show What You Need to Know About Today&#039;s Real Estate Market | Simplifying The Market\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what\u2019s really going on with interest rates and home prices!<span id=\"more-39377\"><\/span><\/p>\n<p>The best way to show what\u2019s really going on in today\u2019s real estate market is to go straight to the data! We put together the following three graphs along with a quote from Chief Economists that have their finger on the pulse of what each graph illustrates.<\/p>\n<h4><strong>Interest Rates: <\/strong><\/h4>\n<blockquote>\n<p><em>\u201cThe real estate market is thawing in response to the sustained <strong>decline in mortgage rates<\/strong> and rebound in consumer confidence \u2013 two of the most important drivers of home sales. Rising sales demand coupled with more inventory than previous spring seasons suggests that the housing market is in the early stages of regaining momentum.\u201d<\/em> &#8211; <a href=\"http:\/\/www.freddiemac.com\/fmac-resources\/research\/pdf\/March_Forecast_Press_Release.pdf\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Sam Khater, <em>Chief Economist<\/em> at <em>Freddie Mac<\/em><\/a><\/p>\n<\/blockquote>\n<h4><a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/04\/29152711\/Slide3.jpeg?ssl=1\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-39381\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/04\/29152711\/Slide3.jpeg?resize=650%2C488&#038;ssl=1\" alt=\"3 Graphs that Show What You Need to Know About Today's Real Estate Market | Simplifying The Market\" width=\"650\" height=\"488\" \/><\/a><\/h4>\n<h4><strong>Income:<\/strong><\/h4>\n<blockquote>\n<p><em>&#8220;A powerful combination of lower mortgage rates, more inventory, <strong>rising income<\/strong> and higher consumer confidence is driving the sales rebound.&#8221;<\/em><strong> &#8211; <\/strong><strong>Lawrence Yun, <em>Chief Economist <\/em>at NAR<\/strong><\/p>\n<\/blockquote>\n<h4><a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/04\/29152748\/Slide1.jpeg?ssl=1\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-39383\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/04\/29152748\/Slide1.jpeg?resize=650%2C488&#038;ssl=1\" alt=\"3 Graphs that Show What You Need to Know About Today's Real Estate Market | Simplifying The Market\" width=\"650\" height=\"488\" \/><\/a><\/h4>\n<h4><strong>Home Prices:<\/strong><\/h4>\n<blockquote>\n<p><em>\u201cPrice growth has been too strong for several years, fueled in part by abnormally low interest rates. A <strong>mild deceleration in home sales and Home Price<\/strong> <strong>Index growth is actually healthy<\/strong>, because it will calm excessive price growth \u2014 which has pushed many markets, particularly in the West, into overvalued territory.\u201d \u2013 <\/em><em>Ralph DeFranco, Global Chief Economist at Arch Capital Services Inc.<\/em><\/p>\n<\/blockquote>\n<h3><a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/04\/29152738\/Slide5.jpeg?ssl=1\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-39382\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2019\/04\/29152738\/Slide5.jpeg?resize=650%2C488&#038;ssl=1\" alt=\"3 Graphs that Show What You Need to Know About Today's Real Estate Market | Simplifying The Market\" width=\"650\" height=\"488\" \/><\/a><\/h3>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>These three graphs indicate good news for the spring housing market! Interest rates are low, income is rising, and home prices have experienced mild deceleration over the last 9 months. If you are considering buying a home or selling your house, let\u2019s get together to chat about our market!<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what\u2019s really going on with interest rates and home prices! The best way to show what\u2019s really going on in today\u2019s real estate market is to go [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2207,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-2206","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>3 Graphs that Show What You Need to Know About Today\u2019s Real Estate Market&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/3-graphs-that-show-what-you-need-to-know-about-todays-real-estate-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Graphs that Show What You Need to Know About Today\u2019s Real Estate Market&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what\u2019s really going on with interest rates and home prices! 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