YOUR HOME IS ONE OF YOUR LARGEST ASSETS — BUT YOU COULD BE INADVERTENTLY MAKING IT LESS VALUABLE WITH SOME OF YOUR UPDATES AND RENOVATIONS.

It's not that what you're doing necessarily detracts from the appraisal value. But it often shrinks the buying audience. With fewer people interested in a property, the chances of a quick sale or a full-price offer can decrease. 

Some non-buyers regret sitting on sidelines.

As home prices spiked during the pandemic, some people decided to put their home shopping on pause in the hopes that prices might drop, a decision they are coming to regret.

“A pandemic didn’t slow the market down, so I’m not quite sure what will.” The 2020/2021 market has been defined by “a lack of homes for sale relative to demand,” says National Association of REALTORS® senior economist, director of Housing and Commercial Research. “The housing market will get less crazy as home prices cool a bit due to some softening in demand as mortgage rates start to increase and with some uptick in new home construction as prices of raw materials and supply-chain issues ease somewhat.” Let’s take a look at the factors that defined this past year, which will likely define 2022’s national housing market outlook.

According to Financial Analysts, here are 5 reasons to consider investing in real estate:

If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase a home.

Home prices rose by nearly 20% over the last year, an astonishing rate of growth that was faster and more intense than even the run-up to the housing crash of 2008, according to Fortune — and that one sunk the entire global economy.  Volumes have been written about the lumber shortage, the remote-work office exodus, and the record-low mortgage rates that turned the 2021 housing market into one giant bidding war, but will it finally all come crashing down next year? 

Dec 01, 2021 A new report from realtor.com indicates 2022 should see an increase in existing homes sales, though challenges with supply will likely linger and turn the year into something of a “mixed bag.”