Welcome to the Monthly Market Report for December 2021. We want to give you the insights that you need to help confidently make the best decisions when buying and selling a home. We are your real estate advisors.
“Context matters for purchase demand. The economy is improving,
and millennials continue to age into their prime home-buying years
in large numbers, so the context remains good for the housing market.”
Mark Fleming
Chief Economist at First American
Here are the 3 most important takeaways you need to know right now:
- Homeowner Tenure – Homeowner tenure has shortened to an eight year average.
2. Price Appreciation – Rising mortgage rates aren’t expected to reverse price appreciation.
3. Mortgage Rates – Mortgage rates are hovering just above 3%.
Read all the details and download your complimentary Housing Market Update for December 2021 now. 👇
Curious what the payment will be on your next home? Find out now.
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