As the year draws to a close, there are encouraging signs that suggest the housing market will remain solid in the upcoming year. Rising homeowner equity, higher demand for second homes, and the improvement in investor sentiment are all good news that point to a promising 2022. Low mortgage rates expected for the year ahead should also help increase homeownership opportunities for buyers of all ethnic background. There are potential headwinds, nevertheless. Inflation will remain a concern in 2022 as long as supply constraints continue to be an issue, and the impact of Omicron to the economy is still an uncertainty.
Listing your Home in the Desert? Do you know what goes into Listing your Home? Listing your home comes with some preconceived ideas … how much it’s worth, how fast it’s going to sell, how valuable it is …. Unfortunately, these ideas may not be quite in line with what is going on in the real estate market in the Desert.