Last year was 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.
However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down.
Here’s where industry experts predict the market is headed in the coming year.
Feeling drained by the complex logistics of trying to sell and buy a new home all at once?
Read some of the most frequent concerns we hear from clients along with tips to work through them.
For most of us, our housing needs are cyclical. While your home-buying journey may not look like your neighbor’s or friend’s, broad trends can help you understand what to keep in mind as you house hunt. No one wants to regret their home purchase and taking the time now to think about exactly what you need can save a lot of heartache later.
When it comes to your largest financial asset, forgoing professional representation may not always be in your best interest. Find out whether the benefits outweigh the risks (and considerable time and effort) of selling or buying a home on your own—so you can head to the closing table with confidence.
