Will the housing market improve in 2022? The 2021 housing market was a tough one for home shoppers. Low rates and increased flexibility from working remotely put many first-time homebuyers on the map. But limited inventory, skyrocketing prices, and fierce bidding wars made housing harder to come by. But things may soon level out to … Read More “Housing market predictions for 2022: Rates, prices, and inventory” »
Category: Real Estate News & Tips
Like most industries, residential real estate has seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the … Read More “Home Sales About To Surge? We May See a Winter Like Never Before.” »
CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Releases its 2022 California Housing Market Forecast Existing, single-family home sales are forecast to total 416,800 units in 2022, a decline of 5.2 percent from 2021’s projected pace of 439,800. California’s median home price is forecast to rise 5.2 percent to $834,400 in 2022, following a projected 20.3 percent increase … Read More “California Housing Market to Remain Solid if Pandemic is Kept Under Control” »
Key Takeaways Housing market predictions Home price predictions Inventory predictions Mortgage rates forecast Will the market crash? Should I buy now or wait? Will the housing market improve in 2022? The 2021 housing market was a double-edged sword for home shoppers. Low rates and increased flexibility with working from home put many first-time buyers on … Read More “Is it a good time or a bad time to buy a house?” »
LATE ARCHITECT’S HOME GETS A FRESH PERSPECTIVE In Pass Christian, Mississippi, the aptly named Scenic Drive features a refurbished residence originally owned and designed by New Orleans architect James Lamantia. Sadly, he passed away before his plan to properly restore significant damage from Hurricane Katrina, but that would not deter the current owners from making … Read More “New Point of View” »
As with every decision in life, there are pros and cons to buying or selling a home in winter. Many homeowners believe selling a home during the colder months is not a good idea and that spring is the best time to sell. This isn’t exactly true. Most real estate markets across the country do … Read More “Pros and Cons of Buying and Selling a Home in the Winter” »
When preparing to buy a home, we all want to get the best mortgage rates. But when it comes to getting the best rate, there is something even more important than saving up for that down payment or getting quotes from multiple providers. And that’s your credit score. Securing a credit score that is just … Read More “How Your Credit Score Affects Your Mortgage Rates” »
If you plan to sell your house, be prepared for potential buyers to have a home inspection done as part of the due diligence process after the offer is made. Some real estate investors and cash buyers might skip this step, but most buyers don’t: 81% of homebuyers have the house inspected, according to Zillow. If the inspection report shows little wrong with … Read More “What a Bad Home Inspection Means If You’re the Seller” »
Supply shortages have been the big real estate news story of the past year. Housing market inventory has hovered at record-low levels, partly due to a COVID-related surge in home buying activity. But recent reports show an increase in the number of new listings hitting the real estate market. If inventory growth continues over the … Read More “How Inventory Growth Could Shift the Housing Market in 2022” »
PLAYFUL MEETS PRACTICAL IN THIS WHOLE-HOUSE RENOVATION Leanne Tammaro and Adolphina Czyrsky understand the power of collaboration when it comes to home design. As the principal interior designers behind Toronto–based firm Design theory, the experienced duo crafts a tailored approach for each project, inspired by the clients themselves. In the case of this whole-house renovation, … Read More “Interior Artistry” »