Brandon Cornett

The U.S. real estate market continues to show signs of cooling. More and more sellers have been cutting their list prices. Some markets, like Austin and Boise, could be headed for a downturn. Many buyers are wondering if now is a bad time to buy a house. For the past two years, we’ve heard story […]

Recent reports point to a more ‘buyer-friendly’ housing market. Inventory growth has cooled the market, giving buyers a breather. Home buyers now have more bargaining power, as well. Sellers appear more willing to accept contract contingencies these days. As a result, late 2022 and 2023 could be a good time to buy a house. For […]

Some analysts predict that U.S. home prices could drop in 2023. Recent reports have shown that some markets are already declining. House values rose at an unprecedented pace over the past 18 months. But the real estate market is cooling steadily in 2022, as buyers pull back. Will home prices in the U.S. drop in […]

Recent reports and predictions for the Phoenix, Arizona real estate market suggest that a significant cooling trend could be on the horizon. Inventory growth has no doubt influenced these predictions. The Phoenix-area housing market has experienced significant supply growth over the past year, a trend that could continue going forward. This, combined with a general […]

The real estate market is cooling, slowing and decelerating. Those are just a few of the verbs that have been used to describe the U.S. housing market in recent weeks. And for the most part, it’s true. A slew of reports published over the past couple of months have shown signs of a cooling trend. […]

The housing market is cooling down. You’ve probably heard this phrase a time or two over the past few weeks. It seems to be the “hot new story” lately, when it comes to real estate reporting. And it’s true. Numerous reports in recent weeks have shown that the U.S. housing market is clearly slowing down. […]

Real estate pop quiz: What do Austin, Las Vegas, Phoenix, Portland (Oregon), and Sacramento all have in common? If you said that they’re all hot housing markets, you’d be right! But they have something else in common as well. In all five of these metro areas, home sellers are starting to reduce their asking prices. […]

Austin, Phoenix and Raleigh housing markets have gained inventory. Among major metros, they led the nation for inventory growth. Active listings in the Austin area grew by 144% over the past year. These real estate markets are also seeing more price reductions. It’s evidence that these hot housing scenes are cooling in 2022. Inventory shortage. […]

We could see a new kind of buyer’s market in 2023. There are signs that the real estate market is cooling. Home sales have declined, while price reductions have increased. Next year, buyers will likely have more negotiating leverage. For the past two years or so, we’ve heard countless stories about the strong seller’s market […]

A new forecast for the U.S. housing market in 2022 predicted a general slowdown in the months ahead, as more homes come onto the market. This prediction was issued by researchers from Realtor.com and offers some positive news for frustrated home buyers. A Positive Forecast for the U.S. Housing Market The U.S. real estate market […]