What’s Going To Happen with Home Prices This Year?

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What’s Going To Happen with Home Prices This Year?

After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has not yet been released.

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6 Simple Graphs Proving This Is Nothing Like Last Time

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6 Simple Graphs Proving This Is Nothing Like Last Time

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrors that of the last housing boom and, as a result, we’re now headed for another crash.

However, there are many reasons this real estate market is nothing like 2008.

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Real Estate Market Begins to Bounce Back - Slowly

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Real Estate Market Begins to Bounce Back - Slowly

Market activity begins to tick up after severe shelter-in-place plunge. Median home sales prices are up. Interest rates hit new low.

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Interest Rate Update and Covid-19 Borrower and Renter Relief

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Interest Rate Update and Covid-19 Borrower and Renter Relief

Important! If you have a mortgage or rent and are suffering from financial losses due to Covid-19

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Market Cycles in Bay Area Real Estate and The Coronavirus

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Market Cycles in Bay Area Real Estate and The Coronavirus

This article was written before the coronavirus – in fact, the first version was written over 10 years ago by our chief market analyst to help place the 2008 crash into context. We realize there are much more important things than real estate right now, but since some of our clients are trying to make decisions about buying and selling, we will continue to try to provide useful information on market trends and conditions. At this point, we cannot know how the current crisis will play out. 

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How the Coronavirus is Affecting the Real Estate Market

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How the Coronavirus is Affecting the Real Estate Market

Today there is an overwhelming amount of uncertainty with the coronavirus and the stock market. While we can't predict what will happen in the coming months, what we can offer is helpful guidance to our clients so they can make informed decisions in these changing times.

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