Real Estate Forecast Anyone? The Real Estate Markets Expected to Grow The Most in the Next Year

Home prices were up by "a lot" this past year, and according to forecasters, and the Real Estate Project Porch.com website, next year is going to be even more so an up year.  

According to the Redfin website, more than 60% of buyers were putting offers on houses sight unseen and the number of homes being bought without an inspection nearly doubled compared to the previous year.  [NOT a good idea, according to me].  The message was clear: buyers knew the real estate market was hot, and they did everything they could to get homes under contract and close the sale.

This article by Adriana Lopez lists the projected increase in prices in several smaller and larger metropolitan areas.  Prices are slated to continue their way up!

As an example, Santa Cruz is projected to go up in price by 28.9% next year, and San Jose by 24.5%

Sacramento is supposed to go up about 18%, and Las Vegas about 23%.

Article by Adriana Lopez, dated Aug.19,2021.

Like my updates? Subscribe to my Blog! Thank you for reading,

Francis

Silicon Valley real estate
Trends: Local prices and graphs.
How much is your home worth?