
I hope you're having a great start to summer — whether you're out on the trails, planning a trip, or just enjoying the longer days.
I put together a short video this month covering what's happening in the market right now, and honestly, there's some really good news in there I think you'll want to hear. Home values are holding strong, and new data from over 150 housing economists is projecting 14% appreciation over the next five years. That's meaningful equity growth for you as a homeowner.
A few highlights from the video:
• Home prices are projected to grow 14% over the next 5 years — on a $500K home, that's roughly $70K in equity just from appreciation
• The Fed is still watching inflation closely — their next big meeting is June 16–17
• Inventory of move-in ready homes is tight, which continues to support values
If anything in the video sparks a question — whether it's about your current home, a refinance, or something you've been thinking about — I'd love to hear from you. Even if the timing isn't right today, I'm always happy to run some numbers and help you think it through.
And if you know anyone who's been thinking about buying, selling, or refinancing, I'd be grateful for the introduction. A quick text or email connecting us is all it takes — I'll take great care of them.
Thanks for trusting me with your loan. That still means a lot.
Guaranteed Rate, Inc. D/B/A Rate. All rights reserved. NMLS License #2611 © 2023 All Rights Reserved. | Dan Munford NMLS ID 139374 | Equal Housing Lender | 9350 South 150 East Sandy Utah 84070 | (801) 301-5626 | Utah Mortgage Advisor | Salt Lake City
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