How to Hit Your Home Buying Goals in 2022!
You have set a goal to buy a house in 2022! Good for you! In the infographic, below are some steps you can take now to put you on the path to homeownership in 2022
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You have set a goal to buy a house in 2022! Good for you! In the infographic, below are some steps you can take now to put you on the path to homeownership in 2022
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%. However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of 74.5% in April.2
2021 was a fascinating year for the real estate market — particularly in the Greater Boston Area. Over the past 12 months. The Hickman-Coen Home Team tracked all the breaking news in our “Real News You Can Use” newsletters. Check out the stories which most interested our readers in 2021
2022 will be our 6th Year Publishing “Real News You Can Use.”
Thank you for your continued readership!
Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.1
Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is far less than the six months that is generally needed to strike a healthy balance between supply and demand.2
Given the limited number of available properties, if you’re a buyer in today’s market, you may need to expand your search to include both new construction and resale homes. But it can feel a little like comparing apples to oranges.
You may be wondering if now is a good time to buy a home…or if interest rates are projected to rise or fall. The free eGuide below will answer many of your questions and likely bring up a few things you didn’t even know you should consider when buying a home.
Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re already feeling drained by the complex logistics of trying to sell and buy a new home all at once.
A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis.
With a quickly changing market and low inventory, homes are selling faster than ever. New listings in some communities can have several offers before buyers have a chance to see the home. With that being the case, not only do you have to move fast, you need to present offers that stand out above the others.
According to the latest Zillow Weekly Market report, recent pending home sales in the nation went up again for an increase of 2.1 percent week over week and 13.7 percent Month over Month for the week ending June 20.