Taking a look at 2021 housing market data allows us to see a bigger picture of how the past year played out. This was truly one of the wildest years in housing market history with record-low interest rates, record-high appreciation, and the lowest days on market we’ve seen in decades. Unfortunately, our VP of Data and Analytics, Dave Meyer (@thedatadeli), can’t tell the future, but he can run through the top five housing market stories of the past year.
If you’re an investor (or want-to-be investor) who’s looking to buy a home (or homes) in 2022, it may be a smart idea to look at last year’s housing data to set yourself up for success in the coming year. Taking a look at prior housing market data allows us to mildly predict what may happen in the realm of real estate interest rates, affordability, supply, demand, and overall market sentiment so we can collectively make better investing decisions.
What was your biggest takeaway from 2021’s crazy housing market? Are you still planning on purchasing rentals in 2022? Let us know in the comments below!
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Interest Rates: Construction and Inventory:
Affordability:
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Housing Market Data During the Pandemic Adds Up to Good News for Investors:
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@thedatadeli or 5 Biggest Housing Market Stories of 2021
01:52 1. High Appreciation
06:32 2. Record-Low Interest Rates
10:35 3. Inventory and Demand
15:25 4. New Construction (and Lack Thereof)
19:33 5. Affordability
Recommended Reading >> bit.ly/32kRpzw
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