Here’s the latest update on the Desert real estate market.
It’s time for another Desert real estate market update. We sell in both resort communities and single-family areas, and I wanted to let you know what we’ve been seeing so far in 2022. Inventory remains low, demand remains high, and the outlook for the rest of the year is bright.
Feel free to watch the full video, or use these timestamps to browse specific topics at your leisure:
0:00 — Introduction
0:23 — An update on Desert home prices and inventory
1:00 — What buyers I’m working with are asking about the market and what I’m telling them
1:27 — A few charts showing trends in our months of inventory and annual appreciation
2:20 — Comparing home appreciation as a hedge against inflation
2:38 — A few chief economists’ thoughts on the 2022 housing market
3:10 — Seven price forecasts from seven different experts
3:41 — Wrapping things up
Whether or not inflation continues to rise at this rate, we know that real estate is our best hedge against inflation. My buyers aren’t buying for financial reasons, though. They’re buying a primary home or second home in a fabulous resort area.
If you have any questions about the numbers, your home, or anything else related to real estate, give me a call or send me an email, and let’s chat. I look forward to hearing from you soon.