• 2022 Could See Another Home-Buying Frenzy

    15 days ago - By RIS Media

    The winter market is heating up as buyers keep a watchful eye on interest rates- expected to rise over the next year-despite a continuing inventory shortage keeping prices and competition high. According to realtor.com®'s recent Monthly Housing Report , December saw a bump in listing price growth, with the annual pace expected to return to last year's spring and summer levels.
    Key findings:
    The U.S. median home listing price was $375,000 in December-with the annual growth pace up 10%.
    Home prices for a typical 2,000-square-foot, single-family home increased 18.6% YoY.
    The annual pace of...
    Read more ...