Like you, we're waiting to see what 2022 will have in store for us. On the real estate front, here is an interesting article summarizing various models.
For the record, here are our Wydler Brothers predictions:
Prices will continue to rise in our core markets (DC and close-in suburbs of Montgomery County and NVA). With the inflation as high as it is, another 5-10% bump in pricing is possible.
Interest rates will approach 4% by year end.
Inventory will remain extremely tight, especially through the first half of the year.
If you're selling, 2022 looks like it will be the strongest seller's market in decades.
Stay up to date on the latest real estate trends.
Yep. Everything you’re hearing is true. Rates are up, inventory is starting to grow, and some buyers are moving to the sidelines as “affordability” has skyrocketed.
Markets do not like transition periods, and the current shift is no exception.
There are so many questions right now about what lies ahead for real estate.
We're asked every day how rising interest rates are affecting the market.
Q1 stats for our region were just released, and the story is consistent across our area.
Wydler Brothers Announces New Home Buyer Program to Hedge Against Rising Interest Rates and Inflation in Continuing Seller's Market
It's imperative to generate as much interest as possible in a home to ensure that you're accessing your property's fullest potential.
How does a home "live” throughout the entire year?
The saying goes ‘there’s an elephant in the room’, but over the last few months the issue hasn’t been the “elephant”, but the “room”, or the lack thereof.
Wydler Brothers have been selling residential real estate for over 20 years in the DC metro area. They rapidly ascended the local landscape and built the highest producing team in the entire region, recently named #28 in the US, Top 2 in the DMV and #1 in Virginia Large Team by Volume by Real Trends Magazine "The Thousand" in 2021.