5,256,911
While I don't have a functioning crystal ball, it all boils down to supply & demand!
Sadly, higher prices will push more & more first-time buyers out of the market.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Eileen Burns 954.483.3912
Fort Lauderdale, FL
-
Brenda Mayette
Glenville, NY
-
Lyn Sims
Schaumburg, IL
5,243,218
Inventory will increase as we move towards spring but not enough to meet demand. Buyers will continue to be active throughout 2022 as rates will rise but remain artificially low
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Eileen Burns 954.483.3912
Fort Lauderdale, FL
-
Brenda Mayette
Glenville, NY
-
Nina Hollander, Broker
Charlotte, NC
2,163,333
New inventory comes on the market all the time, it just doesn't stay around for very long. Buyers will have to be quick and prepared for a competitive environment.
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Eileen Burns 954.483.3912
Fort Lauderdale, FL
-
Lyn Sims
Schaumburg, IL
250,099
I specialize in construction lending and I don't ever remember being so busy in January.
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Eileen Burns 954.483.3912
Fort Lauderdale, FL
-
Nina Hollander, Broker
Charlotte, NC
430,762
Our inventory is just above 1,100 properties, it is ridiculous, but it is what we have to deal with.
I did get a rate sheet that quoted the 30 year conforming at 3.750%. If rates keep going up, which rates do, then that will help to balance things. At this point right now I do not see rates going down, but I am not in that line of the industry, so I have no insight to the direction of things to come.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Eileen Burns 954.483.3912
Fort Lauderdale, FL
-
Nina Hollander, Broker
Charlotte, NC
3,350,289
One day at a time. Only time will tell us what the market will do.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
1,506,613
It's winter time, people usually take their homes off now. We did. Wait until Spring when the buyers usually come out.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
2,785,156
This Real Estate cycle is closest to the concepts of willing buyer, willing seller than we have seen for decades. As such, what is to interfere with it at this time? I predict steady as she goes with prosperity for all. I am reminded that a third of America is in retirement and this causes migration & wealth shifting. Bring it on!
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Eileen Burns 954.483.3912
Fort Lauderdale, FL
853,502
Inventory will creep up, buyers will still buy and some will be squeezed out with rate increases, and the wheels will keep turning. :)
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Eileen Burns 954.483.3912
Fort Lauderdale, FL
2,072,576
My crystal ball has been malfunctioning for years, and I predict it will continue to malfunction.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Greg Large
Grove City, OH
1,847,471
This is the same thing that happens every year. Low inventory in Jan & maybe into Feb.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Greg Large
Grove City, OH
5,115,152
Home prices will continue to increase... it's all about supply and demand.
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Lyn Sims
Schaumburg, IL
7,869,077
More apartments will be built as fewer families will be able to afford a home purchase.
-
John Juarez
Fremont, CA
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Greg Large
Grove City, OH
-
Nina Hollander, Broker
Charlotte, NC
1,202,247
Prices will go up and/or people may have to wait to buy
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Joan Cox
Denver, CO
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
766,569
Eventually prices will reach a breaking point in which many homeowners will take the money and run. This will increase inventory, lower prices and lead to a glut of homes on the market.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Doug Dawes
Topsfield, MA
-
Brenda Mayette
Glenville, NY
5,062,625
Time will tell. We've seen slightly more inventory since the holidays but it went off the market quickly, as many homes do. I suspect prices will continue to rise, more modestly, and some buyers will be priced out of the market.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Anna "Banana" Kruchten
Phoenix, AZ
5,878,935
It is getting scary - we have 1,670 this morning in 8 counties in Denver for 3 million people.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Doug Dawes
Topsfield, MA
921,504
Homeowners will continue to oppose any increase in density in their back yard.
Homeowners will continue to move undeveloped land into the 'sanctuary' status.
As a result, new residential construction must take place 90 minutes away.
Existing homeowners are the cause of our younger population falling into the rent trap.
There is LOTS of construction in progress, but it is 90% for apartments.
We current homeowners, in this regard, are NOT paying it forward making a way for new owners.
None of us will voted and passively allow increased density in our back yard so I propose another government overreach and removing 'single family home community' from property use description. The exception will be those communities who have designed/prepared/planned a 50% in density in their community.
That is REAL action that will affect the real estate market place and create the mechanism to build more residential housing that does not cost more the 10x the average house value.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Doug Dawes
Topsfield, MA
679,404
Sellers are still hesitant to put their houses on the market because they can't find the house they want to buy and they don't want to be homeless in the event their house sells right away and they are unable to find the house of their dreams. Millennials are so tired of living with parents and they will be serious buyers to contend with. I see appreciation rates coming back to more normal levels (compared to 2020 and 2021) and interest rates will continue to rise but not enough to stop the buying process. IMHO
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Joan Cox
Denver, CO
3,590,091
My 2022 crystal ball is stuck off the coast of CA. Will let you know when it arrives!
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
902,238
It means the ones that ARE on the market will get sold.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
-
Diana Dahlberg
Pleasant Prairie, WI
906,812
Hard to say. I would think it would be a crazier year but some buyers seem to want to wait.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Joan Cox
Denver, CO
6,422,203
Best to spend your time looking for listings rather than working with buyers.
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Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
1,078,251
Home values will continue to climb, bidding wars will continue to occur, and the winners will be aggressive from the start and act quickly. Those who hesitate or still want to play the "let's go in low" game are going to stay on the sidelines.
-
Debe Maxwell, CRS
Charlotte, NC
-
John Juarez
Fremont, CA
-
Carla Freund
Raleigh, NC
1,325,114
More sales closed in 2021 than in 2020. That could not have happened unless inventory had increased. Yet...buyer activity also increased. Homes sold more quickly which is why it appears that fewer homes hit the market.
At any given time, there have not been enough homes on the market to satisfy the demands of buyers.
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Debe Maxwell, CRS
Charlotte, NC
-
Joan Cox
Denver, CO
2,245,975
It's called "construction". Land sales and building if you can't find what you want for selection or when the supply of house listings shows the cupboard is bare. As the local expert in whatever real estate market an agent or broker serves, you know who to line up for the building process and list lots of land for the perfect spot for brand new home William Piotrowski .
850,956