Homes are selling faster than last year, with the median age of inventory at just 68 days . 3. Price Appreciation is Slowing (But Not Stopping)
The biggest challenge for buyers in 2017 isn't just price—it's availability. Inventory is down approximately in major metros. Builders are only producing new homes at about 60% of their historical rates , leading to a serious shortage of "starter homes". is buying a house a good investment 2017
As we move further into 2017, the question of whether to buy a home or keep renting is on everyone’s mind. After years of recovery from the 2008 crash, the market is entering a new phase of "moderation". While homeownership remains a cornerstone of long-term wealth building, the landscape this year has specific shifts that every potential buyer should understand. 1. Rising Mortgage Rates: The End of the Sub-4% Era? Homes are selling faster than last year, with
Despite these hurdles, experts from Forbes and Rocket Mortgage argue that buying a home remains a sound long-term strategy for several reasons: Inventory is down approximately in major metros