Summer 2023 was a season of paradoxes in the housing market. A period marked by low inventory, homeowners' reluctance to sell, suppressed demand, and a low number of closed sales. Despite rising home values and brisk sales, the landscape reflects scarcity and a lack of activity.

In June, U.S. home prices experienced another surge, approaching near-record levels. While some see these highs as a positive sign of a recovering real estate market, many prominent real estate experts caution that the worsening inventory shortage could deter many prospective homebuyers from entering the market. A recent report from Redfin, a real estate brokerage firm, reveals that median home prices rose by 1.9% in June compared to the previous month, reaching an average of $426,056.

With the summer season beginning, the housing market is entering its second busiest time of the year. While spring traditionally takes the top spot, summer can be an excellent time for both buyers and sellers. But since the market is anything but predictable lately, it's important to keep a close eye on current market conditions, along with historical trends, carefully assessing the risks and opportunities that could lie ahead.

For quite some time, economists and a slew of so-called experts have debated what will happen with the US housing, with conflicting narratives now dominating social media platforms and fueling speculation. But it's important to remember that in today's era of YouTube and TikTok videos, almost anyone can call themselves an expert. That's why we bring together some of the top industry analysts and real estate data every month to give you a complete view of what's really going on in the housing market and the economy.

May is National Home Improvement Month, and what better time to unlock the full potential of your home than now? Whether it's a simple renovation or a major home remodel, upgrading your home can have a huge impact on your quality of life. From improving energy efficiency to enhancing functionality, a home remodel can make your living space more comfortable and convenient. And when your home works for you, everything else just falls into place.

A home equity line of credit (HELOC) is the perfect tool for debt consolidation, making home improvements, affording college expenses, or even purchasing a car. It’s flexible and allows you to tap into the equity you’ve already built in your home for whatever needs arise. With Nuvision’s incredibly low starting rate of 2.49% (nearly half the national average, according to Bankrate), a HELOC could be the best way for you to accomplish your goals.

Over the last couple of weeks, housing market data has given real estate experts hope that the market may be showing signs of stabilization.

Spring is a season of new beginnings, which means it’s the perfect time to spruce up your home and fix the things that have been driving you crazy all winter. Whether you want to dive into major kitchen remodels or brighten up your yard new plants and landscaping, home improvements can add value to your home. Here are seven areas to consider improving this spring: