{"id":7968,"date":"2023-02-16T11:30:10","date_gmt":"2023-02-16T11:30:10","guid":{"rendered":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/"},"modified":"2023-02-16T11:30:10","modified_gmt":"2023-02-16T11:30:10","slug":"wondering-whats-going-on-with-home-prices","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/","title":{"rendered":"Wondering What\u2019s Going on with Home Prices?"},"content":{"rendered":"
\"Wondering<\/p>\n

The recent changes in home prices are top of mind for many as the housing market<\/a> begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here\u2019s what you should know about today\u2019s home prices.<\/p>\n<\/p>\n

<\/p>\n<\/p>\n

Local price trends still vary by market. But looking at national data, Nataliya Polkovnichenko, Ph.D., Supervisory Economist at the Federal Housing Finance Agency <\/em>(FHFA), explains<\/a>:<\/p>\n<\/p>\n

\u201cU.S. house prices were largely unchanged in the last four months and remained near the peak levels reached over the summer of 2022<\/strong>. While higher mortgage rates have suppressed demand, low inventories of homes for sale have helped maintain relatively flat house prices.\u201d<\/em><\/p><\/blockquote>\n

Month-over-month home price changes can be seen in the chart below. The data also shows that price depreciation peaked around August. Since then, any depreciation has been even milder. In other words, today\u2019s home prices aren\u2019t in a freefall<\/strong>.<\/p>\n<\/p>\n

\"Wondering<\/a><\/p>\n<\/p>\n

What Does This Mean for You?<\/strong><\/h4>\n

If you currently own your house, you may be concerned about even the smallest decline<\/a> in prices. But keep in mind how much home values grew over the last few years. Compared to that growth, any declines we\u2019re seeing nationally are likely to be minimal. Selma Hepp, Chief Economist at CoreLogic<\/em>, shares<\/a>:<\/p>\n<\/p>\n

\u201c. . . while prices continued to fall from November, the rate of decline was lower than that seen in the summer and still adds up to only a 3% cumulative drop in prices since last spring\u2019s peak<\/strong>.\u201d<\/em><\/p><\/blockquote>\n

It\u2019s also important to remember that every local market is different. That\u2019s why it\u2019s essential to lean on an expert for the latest information on the home prices in your area if you\u2019re planning to make a move this spring.<\/p>\n<\/p>\n

Bottom Line<\/h3>\n

\nTo understand what\u2019s going on with home prices in our market and how they could impact your goals, let\u2019s connect today.<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here\u2019s what you should know about today\u2019s home prices.<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[99,100,102,108],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nWondering What\u2019s Going on with Home Prices? - The Zakaria Group<\/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:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wondering What\u2019s Going on with Home Prices? - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here\u2019s what you should know about today\u2019s home prices.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"The Zakaria Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thezakariagroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-16T11:30:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/api.simplifyingthemarket.com\/wp-content\/uploads\/2023\/02\/wondering-whats-going-on-with-home-prices-KCM.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/\"},\"author\":{\"name\":\"\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\"},\"headline\":\"Wondering What\u2019s Going on with Home Prices?\",\"datePublished\":\"2023-02-16T11:30:10+00:00\",\"dateModified\":\"2023-02-16T11:30:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/\"},\"wordCount\":328,\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"articleSection\":[\"For Buyers\",\"For Sellers\",\"Housing Market Updates\",\"Pricing\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/\",\"url\":\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/\",\"name\":\"Wondering What\u2019s Going on with Home Prices? - The Zakaria Group\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/#website\"},\"datePublished\":\"2023-02-16T11:30:10+00:00\",\"dateModified\":\"2023-02-16T11:30:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thezakariagroup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wondering What\u2019s Going on with Home Prices?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thezakariagroup.com\/#website\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"name\":\"The Zakaria Group\",\"description\":\"The Zakaria Group\",\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"alternateName\":\"TZG, MLS\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thezakariagroup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thezakariagroup.com\/#organization\",\"name\":\"The Zakaria Group\",\"alternateName\":\"TZG\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"contentUrl\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"width\":400,\"height\":173,\"caption\":\"The Zakaria Group\"},\"image\":{\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/thezakariagroup\/\",\"https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw\",\"https:\/\/www.instagram.com\/thezakariagroup\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\",\"name\":\"\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\"},\"url\":\"https:\/\/thezakariagroup.com\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Wondering What\u2019s Going on with Home Prices? - The Zakaria Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/","og_locale":"en_US","og_type":"article","og_title":"Wondering What\u2019s Going on with Home Prices? - The Zakaria Group","og_description":"The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here\u2019s what you should know about today\u2019s home prices.","og_url":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/","og_site_name":"The Zakaria Group","article_publisher":"https:\/\/www.facebook.com\/thezakariagroup\/","article_published_time":"2023-02-16T11:30:10+00:00","og_image":[{"url":"https:\/\/api.simplifyingthemarket.com\/wp-content\/uploads\/2023\/02\/wondering-whats-going-on-with-home-prices-KCM.jpg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/#article","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/"},"author":{"name":"","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d"},"headline":"Wondering What\u2019s Going on with Home Prices?","datePublished":"2023-02-16T11:30:10+00:00","dateModified":"2023-02-16T11:30:10+00:00","mainEntityOfPage":{"@id":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/"},"wordCount":328,"publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"articleSection":["For Buyers","For Sellers","Housing Market Updates","Pricing"],"inLanguage":"en"},{"@type":"WebPage","@id":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/","url":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/","name":"Wondering What\u2019s Going on with Home Prices? - The Zakaria Group","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/#website"},"datePublished":"2023-02-16T11:30:10+00:00","dateModified":"2023-02-16T11:30:10+00:00","breadcrumb":{"@id":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thezakariagroup.com\/wondering-whats-going-on-with-home-prices\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thezakariagroup.com\/"},{"@type":"ListItem","position":2,"name":"Wondering What\u2019s Going on with Home Prices?"}]},{"@type":"WebSite","@id":"https:\/\/thezakariagroup.com\/#website","url":"https:\/\/thezakariagroup.com\/","name":"The Zakaria Group","description":"The Zakaria Group","publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"alternateName":"TZG, MLS","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thezakariagroup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/thezakariagroup.com\/#organization","name":"The Zakaria Group","alternateName":"TZG","url":"https:\/\/thezakariagroup.com\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/","url":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","contentUrl":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","width":400,"height":173,"caption":"The Zakaria Group"},"image":{"@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/thezakariagroup\/","https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw","https:\/\/www.instagram.com\/thezakariagroup\/"]},{"@type":"Person","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d","name":"","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g"},"url":"https:\/\/thezakariagroup.com\/author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/7968"}],"collection":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/users\/101010"}],"replies":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/comments?post=7968"}],"version-history":[{"count":0,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/7968\/revisions"}],"wp:attachment":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/media?parent=7968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/categories?post=7968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/tags?post=7968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}