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The Churchill Team Blog

Tuesday, February 8, 2022   /   by Renald Mesina

8 Popular Home Design Features for 2022

There’s a lot to consider when selling your home, from the market and appraisals to where you’ll go next. Don’t forget, however, that design is also a key factor. It’s often one of the first things buyers notice when they walk into a home, and it’s also a detail that you, as a seller, can easily control.
 
According to Realtor.com’s 2022 housing market forecast, home for-sale inventory will increase from last year, as will the projected number of overall sales.1 This means, if you’re looking to sell in the near future, now is the time to consider how you can stand out.
 
Updating your home design is one way to do that. Changes like new security features or upgraded siding can add value to your home now and be highlighted when you market it for sale later. To get the most out of your updates, focus on these popular home design features that will wow buyers in 2022.
 
Keep in mind, not all of these will work well in every hou/ ...

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Tuesday, January 4, 2022   /   by Renald Mesina

A Return to ‘Normal’? The State of Real Estate in 2022

 Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1
 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of 74.5% in April.2 While this trend could be attributed to seasonality, it could also be a signal that the real estate run-up may have passed its peak.
 So what’s ahead for the U.S. housing market in 2022? Here’s where industry experts predict the market is headed in the coming year.
 MORTGAGE RATES WILL CREEP UP
 Most economists expect to see mortgage rates gradually rise this year after hitting record lows in late 2020 and early 2021.3
 Freddie Mac forecasts the 30-year fixed-rate mortgage will average 3.5% in 2022, up from around 3% in 2021./ ...

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The Churchill Team - eXp Realty
Sereta Churchill
2603 Camino Ramon, Suite 200
San Ramon, CA 94583
925-998-4441
CA DRE# 00524249

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