
The Housing Market Is Chilling Out
During the pandemic, home buyers lamented a lack of inventory, which helped push prices to record highs. But all of a sudden, listings are piling up.

During the pandemic, home buyers lamented a lack of inventory, which helped push prices to record highs. But all of a sudden, listings are piling up.

Given the popularity of coastal real estate, it’s no surprise that bidding wars along the coast are among the most competitive markets nationwide.

It likely comes as no surprise that we’ve been in the middle of historically high home values. Has the market peaked, or will the craze continue?

Earlier this month, the Federal Housing Finance Agency or FHA, announced that the maximum baseline conforming loan limits will rise in 2022.

More than 25% of homes for sale on the market have seen their prices slashed. Is this the new normal – a more balanced and affordable housing market?

The value of coastal real estate continues to heat up, albeit at a slower pace, with home prices still increasing steadily each month and sales up yearly.