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News And Information From By Whaley & Associates

What’s Next for the Real Estate Market?

what's next for real estate

We’ve all heard the outrageous stories of tumbledown houses selling for record-high prices, dozens of multiple offers within hours of a new listing hitting the MLS, and bonuses and incentives to sweeten the pot from hyper-competitive buyers. Much of the demand over the past year and a half has been unexpected and attributable to a variety of factors related to the pandemic.

Now as the United States enjoys a return to something like normal in many markets, buyers who were previously disappointed by low inventory and outsized competition may be considering rebooting their home search. Unlike most years where market activity slows down after Memorial Day, pent-up demand may keep many areas more active than normal in the months ahead. If you are an interested buyer, is it finally time to go back and start looking for your next home?

According to many of the current predictions for the second half of 2021, the answer may be yes. Although there is nothing predictable about the state of the US real estate market, there are some indications that we may be going back to something that is a little more like what we are used to. Here are some of the biggest takeaways from the current expert analysis.

Recent data suggests that buyer demand is beginning to slow.

Read more: What’s Next for the Real Estate Market?

The Intangible Benefits of Homeownership

benefits of home ownership

June was National Homeownership Month, which seems particularly apt this year. With home prices rising to unprecedented levels and multiple offers becoming commonplace in residential transactions, it seems that everyone is focusing on the financial benefits that owning a home offers. However, homeownership is about more than dollars and cents. There are a host of non-financial, emotional, psychological, and sociological reasons that homeownership is at the top of so many to-do lists. Here are ten of the most important.

1. Control of your space

Read more: The Intangible Benefits of Homeownership

July 2021 San Diego Calendar of Events

2021j julcoe 1

Valley Center Western Days Country Fair & Parade   July 2-3
Friday: Guns & Hoses Chili Cook-off: 5-7pm / Lilac Fire Station, 28234 Lilac Road. Country Fair (Band/Entertainment/Food Vendors/Beer Garden): 5-10pm / VC Community Center, 28246 Lilac Rd. Saturday: Better Together Independence Day Parade: 10-11:30am / Cole Grade Road to Lilac Road. Country Fair (Band/Entertainment/Food Vendors/Beer Garden): 10am-10pm / VC Community Center, 28246 Lilac Rd.  760-440-8293 / www.westerndays.org

Oceanside Fireworks Show   July 3

Read more: July 2021 San Diego Calendar of Events

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Keller Williams Realty
License Number: #01417209
Office: (760) 473-8060

6005 Hidden Valley Rd.
Carlsbad,CA 92011

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Brad & Maya Whaley
Whaley & Associates
Bradley Whaley CA DRE# 01369165 & Y. Maya Whaley DRE# 01393491

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