What Would a Recession Mean for Real Estate in 2023?
Many fear a recession in 2023—but is one inevitable? Let’s break it down. What is a recession?The most widely-accepted meaning of “recession” is the one from the National Bureau of Economic Research (NBER). They define it as “a significant decline in economic activity that is spread across the econo
Buying a Home? Put These Items on Your Must-Have List
Major design trends change cyclically and with major global events that alter our way of life. In 2020 and 2021, most people had to start spending far more time at home and as a result, new ideas took center stage in home design. Harsh lines and sterile colors started to go out of style in favor of
Will Mortgage Rates Go Down in 2023?
Mortgage rates fell to an all-time low of 2.65% in 2021. Now they’re more than double that, and everyone is asking the same question.Will mortgage rates drop in 2023?Let’s break it down. Why are mortgage rates so high?Mortgage rates are influenced by several factors, the foundation of which is the o
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