If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, nationally the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? And what about our local market?

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position. However, keep in mind that the Bismarck Mandan housing market does respond differently than what happens at the national level.

If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward.

A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one.

If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house in North Dakota and moving to a warmer state. Or maybe it’s time to downsize to a condo or townhouse with no exterior maintenance.

Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about when making that decision.

If you’re getting ready to buy your first home in Bismarck or Mandan ND, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don't let a common misconception about how much you need to save make the process harder than it could be.

If you’re a homeowner in Bismarck, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.

Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy a home.

Moving to Bismarck ND? Here is a list of public schools with information on where to find your school.

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan.

if you’re thinking of selling your Bismarck or Mandan house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert like Rebecca Sabot.

Mortgage rates are likely to fluctuate depending on what happens with inflation moving forward, but they have dropped slightly in recent weeks. If you are thinking about buying a home in Bismarck or Mandan in 2023, it may be time to contact a lender