Housing Market Update – December 2021

Eric & Debra Ross
Published on December 10, 2021

Housing Market Update – December 2021

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:

  1. 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. 👇

Find out what your home is worth today 💰

Search for your next home here 🏠

Curious what the payment will be on your next home? Find out now.

Get the facts without the pressure”. Let’s connect 😉