Holiday cheer is in the air and this season gives special meaning to being at home. I hope this month finds you and yours enjoying memorable time together.
As 2021 comes to a close, there are many questions about what 2022 holds for the local, statewide and national housing market. I am frequently asked if the current market will continue.
My reply is that all signs point to a continued strong market and yes, rising prices. My recent listings have all seen multiple offers and sale prices way above list price. The buyers I have been working with are forced to make strong offers just to be in the running.
A stable local economy with high employment has supported the market since 2011. Many millennials are now looking to buy their first homes but many baby boomers are choosing to stay in place rather than downsize or relocate.
A new law allows homeowners over 55 to transfer their low property tax rate to another home within California; this may help increase the number of homes coming on the market.
If you’d like to explore your own real estate options for 2022, let’s get you set up for success and hit the ground running in the new year. Call me anytime.
Wishing you a joyous holiday season!
