What To Expect In 2022…
2022 is likely to bring more balance to the housing market. But don’t expect a buyer’s market; just more selection, less frenzy and slower price growth.
2022 is likely to bring more balance to the housing market. But don’t expect a buyer’s market; just more selection, less frenzy and slower price growth.
Going into 2022, the lack of available inventory is still fueling the US housing market’s demand; and though affordability concerns continue, a strengthening job market is helping make homeownership more accessible.
Recent data from NAR tells us it’s still a great time to list your house. Inventory is lower than it was at this time last year, so your house should sell quickly and get multiple offers.
The flaming-hot housing market has seen median home prices soar an unprecedented 24% since the outbreak of the virus last year – great news for sellers. But in recent weeks, that fire has lost some of its heat as buyers finally start to push back at sky-high prices.
This past month brought an interesting shift in the housing market indicating that things are beginning to stabilize.
House-hunters, rejoice! The wild real estate market might finally be getting better for first-time buyers or anyone looking for a small house.
The epic housing shortage may finally be starting to ease up a little. More supply is suddenly coming on the market, which will certainly help frustrated buyers and could, in the longer term, take some of the heat out of home prices.
Can you believe we are already halfway through 2021? Summer has officially arrived and the real estate market is matching the hot temperatures we’ve already been seeing!
The housing market continues to be sizzling hot resulting in higher home prices and quick-selling homes. Mortgage rates are up slightly, but are expected to remain at near record lows for the rest of the year.
The real estate market is in full bloom! According to the National Association of REALTORS®, home sellers this year have cited that they sold their homes for a median of $66,000 more than their original purchase price. If you are considering selling, now is the perfect time to take advantage of this flourishing real estate market and maximize the return on your biggest investment.