Posts Tagged ‘Coachella Valley Real Estate Marekt’
Second-homes are In Demand in 2022
Second-homes are In Demand in 2022 and it’s not only retirees or snowbirds who are purchasing Second/Vacation homes; employees who work remotely are buying them also.
What will 2022 Look Like?
Home buyers may have felt more determined in November to purchase before 2021 comes to an end and mortgage rates and borrowing costs increase, as largely is forecasted to happen.
Market Minute for December 11th, 2021
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.