Where is real estate headed in 2022? Last year was definitely one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.
Continue reading The State of Real Estate in 2022
The housing market is caught up in a basic supply and demand predicament. Homes in the U.S. are selling at lightning speed, but the availability of listings remains limited. Helped by historically low mortgage rates, buyers keep shopping for homes. This reduces the available inventory and pushes home prices up across the country.
Continue reading 5 Factors Telling Us Where the Housing Market Is Headed
As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?”
It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy. Fortunately, key indicators point toward a stable housing market in 2019 with signs of modest growth in some parts of the country. But for California, that might not be the case. The California Association of REALTORS® (C.A.R.) is predicting a slight growth in home prices, but a slower weaker market overall. These shifting conditions could impact you if you plan to buy, sell, or refinance this year.
Continue reading What’s Ahead for the Housing Market in 2019?