Real Estate Review Friday, January 14, 2022

yolo homes Review

DAVIS, WOODLAND, WINTERS & BEYOND · THE DAVIS ENTERPRISE · FRIDAY, JANUARY 14, 2022

2025 Catalina Drive COURTESY PHOTOS

Offered by Joe Kaplan, RE/MAX Gold, page 3

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THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

5257 Hamel Street, Davis

4 bed

.

2 bath

.

1,924 sq. ft.

.

Lot Size .15

This beautifully remodeled South Davis single story is the best way to start the New Year! Attention to detail and design make this home a must see! The open floor plan is perfect for entertaining with a gracious entrance which opens to a formal sitting area (or a baby grand?), large central dining area, and open/flexible family room. Modern chef’s kitchen features stainless steel appliances, quartz countertops, subway tile backsplash, shaker cabinets and matte black hardware. New windows throughout allow abundant natural light. Large lot with mature landscape.

Offered at $924,800.

2248 Cannery Loop, Davis

4 bed

.

2 bath

.

1,924 sq. ft.

.

Solar

Ideal location within the Cannery allows for sunset gazing on your patio and porch! This impeccable farmhouse-style home (Beech Plan 2) is built by CalAtlantic Homes. Bat and board siding, shutters, columns, and rails give this beauty a contemporary yet timeless feel.

Thanks to the location at the end of the cluster, this property has an exceptional amount of outdoor space! Professionally landscaping includes a large front yard with private patio, tree hedge and front porch featuring woodsy Cannery trail views. Backyard patio is secluded thanks to vertical living wall and stacked rock fountain wall which are seven feet tall and provide welcome privacy.

THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

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SALE PENDING!

Adobe/Stock graphic

National pending home sales ease 2.2 percent in November • Contract signings fell 2.2 percent in November, a reversal of last month's increase.

• Compared to the prior month, contract signings dropped in all regions.

• Compared to one year ago, contract signings were 2.7 percent lower.

WASHINGTON — Pending home sales slipped in November, receding slightly after a previous month of gains, according to the National Association of Realtors. Each of the four major U.S. regions witnessed contract transactions decline month-over-month.

Year-over-year activity mostly retreated too, as three regions reported drops and only the Midwest saw an increase.

The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, fell 2.2. percent to 122.4 in November. Year-over-year, signings slid 2.7 percent. An index of 100 is equal to the level of contract activity in 2001.

"There was less pending home sales action this time around, which I would ascribe to low housing supply, but also to buyers being hesitant about home prices," said Lawrence Yun, NAR's chief economist. "While I expect neither a price reduction, nor another year of record-pace price gains, the market will see more inventory in 2022 and that will help some consumers with affordability."

Yun notes that housing demand continues to be high, explaining that homes placed on the market for sale go from "listed status" to "under contract" in approximately 18 days.

"Buyer competition alone is unrelenting, but home seekers have also had to contend with the negative impacts of supply chain disruptions and labor shortages this year," he said. "These aspects, along with the exorbitant prices and a lack of available homes, have created a much tougher buying season."

Yun adds that a countrywide surge of the omicron variant poses a risk to the housing market's performance, as buyers and sellers are sidelined, and home construction is delayed.

Realtor.com's Hottest Housing Markets most recent data showed that out of the largest 40 metros, the most improved markets over the past year were Orlando-Kissimmee-Sanford, Fla.; Tampa-St. Petersburg, Fla.; Dallas-Fort Worth-Arlington, Texas; Jacksonville, Fla.; and Denver-Aurora-Lakewood, Colo.

November pending home sales regional breakdown Month-over-month, the Northeast PHSI declined 0.1 percent to 99.4 in November, an 8.5 percent drop from a year ago. In the Midwest, the index fell 6.3 percent to 116.8 last month, up 0.2 percent from November 2020.

Pending home sales transactions in the South ticked down 0.7 percent to an index of 148.2 in November, down 1.3 percent from November 2020. The index in the West slipped 2.2 percent in November to 105.5, down 4.6 percent from a year prior.

—The National Association of Realtors

2025 Catalina Drive

Cover Home

Rare Opportunity Awaits!

$749,000

3 Bedrooms 2.5 Bathrooms 1,792 Square Feet Beautifully appointed executive townhouse with a private yard and fabulous location close to all Davis has to offer! Luxury kitchen features a Thermador oven and Bosch cooktop and dishwasher for the fussiest gourmet. You’ll love the upscale design elements including imperfect smooth finish, rounded wall corners, crown molding and the master bedroom with tray ceiling.

Lots of convenient storage, shady covered patio, and 2-car garage with off-street parking, too. You really can have it all!

Joe Kaplan DRE #01230760

530.304.5978 joesellsdavis@gmail.com

Bringing Buyers & Sellers Together Since 1997

LiveinDavis.com

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THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

Anderson Rd • Acacia Ln • Joshua Tree St • 2nd St • Drexel Dr • 6th St• Bueno Dr • Renoir Ave• Solito St • Fortuna Ct • Oriole Ave • Eagle Pl • Alto Ct • Sparrow Ct • Kite St • Sandpiper Dr • Catalina Dr • Encina Ave • Inca Pl • Grosbeak Ct • Jalisco Pl • Leonardo St • Hepworth Dr • Dali Pl • Bellows St • Barbera Pl • Rockwell Dr • Eligio Ln • Zaragoza St • Loyola Dr • Belmont Dr • Ponteverde Ln • Adrian Dr • Fig Pl • Mallorca Ln • Baywood Ln • La Coruno St • Vistosa Ct • Arroyo Ave • Layton • Bucklebury Rd • Cleveland Ct • Bermuda Ave • Humboldt Ave • Breton Ave • Portsmouth Ave • Amador Ave • Albany Ave • Hamel St • Koso St • Drummond•Cowell Blvd• Del Rey Ct • Lake Blvd • Drake Dr • Rice Ln • A St • L St • Maple Ln • Linden Ln • Joshua Tree St • Mills Dr • B St • Drake Dr • Mulberry Ln • Columbia Pl • Georgetown Pl • Oeste Dr • 6th St • Purdue Dr • Orange Ln • Russell Blvd • Sycamore Ln•I St•Miller Dr • 10th St • Parkside • Donner Ave • Austin St • El Paso Ave • Amapola Dr • Renoir Ave • Diablo Ave • Barcelona Ave • Central Way•Fremont Ct • Pole Line Rd • Pamplona Ave • Solito St • Hidalgo Pl • Quail St • El Paso Ave • Bella Casa St • Equador Pl • Avocet Ave • Fortuna Ct • Encina Ave • Anza Ave • Lago Pl • Eagle Pl • Alvarado Ave • Gauguin Pl • Huerta Pl • Antelope Ave • Balboa *Streets noted are a partial list. Not enough Ave • Goshawk St • Luz Pl • Grande Ave • Heron Pl • Sandpiper Dr • Catalina Dr•Elk Pl • Rockwell Dr room in this publication for complete list.

• Encina Ave • Isla Pl • Malaga Ave • Cabrillo Ave • Corona Dr • Finch St • Jalisco Pl • Klee Pl • Caravaggio • Sloan St • Leonardo St • Fiesta Ave • Lupine Ct • Bellows St • Rivera Pl • Del Oro Pl • Barbera Pl • Baywood Ln • Hacienda Ave • Merganser Pl • Spanish Bay Pl • Cypress Ln • Chestnut Ln • San Rafael St • Myrtle Pl • Via Verde Ter • Chapman Pl • Genaro Pl • Snyder Dr • Cork Pl • Costa Verde St • Clemson Dr • Wellesley Pl • La Coruno St • Florinda Ln • Tulip Ln • Frontera Dr • Prado Ln • Santiago Ln • Gregory Pl • Trinita Ter • Lessley Pl • Atlantis Dr • Balsam Pl • Loyola Dr • Donato Ln • Belmont Dr • Mallorca Ln • Ponteverde Ln • Bates Dr • Lafayette Dr • Regis Dr • Entrada Dr • Adrian Dr • Blackburn Dr • Pacific Dr • Fig Pl • Temple Dr • Layton Dr • Nutmeg Ln • Union • Frontera Dr • Kalamazoo Pl • Palm Pl • Fig Pl • Vistosa St • Grambling Ct • Vistosa St • San Rafael St • Adrian Dr • Florinda Ln • Arena Dr • Baywood Ln • Blackburn Dr • Zamora Ln • Mallorca Ln • Arroyo Ave • La Coruno St • Alegre Way • Frontera Dr • Pastal Way • San Sebastian St • Kalamazoo Pl • Gaviota Pl • Petra Ct • Bollate Ln • Merced Dr • Oceano Way • Woods Cir • Bermuda Ave • Cabot St • Calaveras Ave • Danube Ave • Hudson St • Muir Woods Pl • Astoria St• Lassen Pl • Glacier Dr • Imperial Ave • Bryce Ln • Bucklebury Rd • Bienville St • Cleveland Ct • Oakenshield Rd • Eel Pl • Seine Ave • Seabright Ave • Alameda Ave • Isle Royale Ln • Olympic Dr • Jerome St • Cutter Pl • Trawler Pl • Portola St •

A new name, but we’ve been around the block a few times!*

More than 1,500 closed transactions in Davis & surrounding areas.

MB Realtor Group • 530.681.9557

THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

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Evening Bay Pl • Hatteras Pl • Marina Cr • Elendil Ln • Feather Pl • White Sands Ln • Halifax Ave • El Capitan St • Lake Terrace Cir • Breton Ave • Amador Ave • Ottowa Ave • Avila Bay Pl • Shelter Cove Pl • Dinosaur Pl • Fillmore St • Colorado Ln • Portsmouth Ave • Buchanan St • Van Damme Dr • Cleveland St • Coolidge Ct • Hampton Dr • Shenandoah Pl • Wisteria Way • Veranda Ter • Concord Ave • Arnold St • Concord Pl • Farragut Cir • La Mesa Ct • Modoc Pl • El Segundo Ave • Lillard Dr • Brentwood Pl • Albany Ave • Garden Ct • El Toro Way • Hamel St • Sunrise Ct • Boulder Pl • Oakside From to closing, we Dr do• itDresbach ALL. Way • Tufts St • Hoag Dr • Vista Way • Angela St • premarketing Decatur Ct • N El Macero • Marden WE are key to your Pl • Cottonwood Ct • E El Macero Dr the Meadowbrook Dr •success!

Roualt St • Bishop Pl • Spanish Bay Pl • County Rd 30 • County Rd 97 • 8th St • Greta Ln • Villanova Dr • J St • Kent Dr • Douglas Ave • K St • Cherry Ln • Menlo Dr • Colby Dr • Plum Pl • Amherst Dr • Antioch Dr • Eureka Ave • Miller Dr• Sycamore Ln • Radcliffe Dr • 1st St • A St • Laurel Pl • C St • Alta Loma • St Moore Blvd • Huerta Pl • Hidalgo Pl • Baja Ave • Ipanema Pl • Rodin Pl • Catalina Dr • Cadiz St • Sloan St • Diego Pl • Pintail Pl • Hartley St • Aurora Ave • Hepworth Dr • Waxwing Pl • Whistler Ct • Hepworth Dr • Jalisco Pl • Heron Pl • Rockwell Dr • Gazelle Pl • Barbera Pl • Kestrel Pl • Barry Rd • Black Hawk Pl • La Coruno St • Trinita Ter • Bates Dr • Montefrio Ln • Monarch Ln • Frontera DrBaroody • Ponteverde Ln • L St • Duke Dr • Raquel Perez-McDonald Malek 01389120 Broker Associate, DRE# 00759230 Mesquite Dr • Mallorca Realtor, Ln • DRE# Regis Dr • Bendita Dr • Balsam Pl • Via Verde Ter • Via Colonna Ter • 530.681.9557 • RealtorRaquel@gmail.com 530.681.9555 • BrokerMalek@gmail.com Belhaven Pl • Caricia Dr • Salamanca Ct •Garrison St Rubicon Ave • Brandywine Pl • Tahoe Pl • Point Reyes Pl • Victoria Pl • Rushmore Ln • Eisenhower St • Everglades Pl • Becerra Way • Hoopa Pl • Monte Vista Pl • Laguna Ave • San Tomas St • Evans Ct • Mono Pl • Swingle Dr • Evergreen Ct • Jasmine Ct • Emerald Bay Dr • Mace Blvd • Regatta Ln • Mahogany Ln • Mariposa Cir • Meadowbrook Dr • Santoni Ln • Fredericks Ct • Savala Ct • W El Dorado Dr • Harvard Bend Dr • Buena Vista Way • W Gibson Rd • Ortiz Ave • Mack Pl • Reinecke Ct • Sander St • Millsap Ct • Auburn Dr • Alicante St • Donna Hagans Shelley Bronzan Marilyn Groth Mary Vaughn Duke Dr • Manzanita Ln • Vigo Ct • Harding Ter • Del Mar Pl • Aspen Pl • Dickens Ter • Pennsylvania Realtor, DRE# 02135942 Realtor, DRE# 02052665 Broker Emeritus Referral Specialist DRE# 00527267 530.400.1060 530.318.0626 530.305.6179 Pl • Tenth St • Notre Dame Dr • Mulberry Ln • Reed Dr • Princeton Pl • 5th St • Cornell Dr • W Eighth 530.681.9555 RealtorDonna530@gmail.com BaroodyTeam@gmail.com St • D St • Austin St • Ivory Pearl Ter • Pintail Pl • Harrier Pl • Lessley Pl • Carmelo Ln • M St • Cresta Ct • Trawler Pl • Harding Ter • Biscayne Bay Pl • S Chesapeake Bay Ave • Pinnacles St • Cutter Pl • Westshore St • Navajo St • Bryce Ln • Washoe St • Halsey Cir • Valdora St • Eucalyptus St • Nantucket Terr • Deodara St • E Oakside Pl • Arthur St • Escolar Ct • Bianco Ct • Redwood Ln • Hepworth Dr • Steiger Hill Rd • Washoe St • Colby Dr • Pecan Pl • Tulip Ln • Caricia Dr • Lillard Dr

We are a TEAM. TOGETHER we serve all our home Sellers & Buyers.

MB Realtor Group • 530.681.9555

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THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

Pros and cons to selling your home during Winter SELLER'S GUIDE

Just like the temperatures, the housing market tends to cool off in the winter. But with demands sitting where it is these days, there really isn’t a bad time to put your house on the market. Here are some pros and cons of selling during winter from Moving. com.

Pros You are at the center of attention Along with fewer homes for sale comes the fact that your real estate agent will have a smaller portfolio in the winter, meaning they can spend more time and energy marketing your property.

Realtor.com says that community real estate agents are the experts in knowing what buyers (and sellers!) want in your area. They track trends and know what sells fastest and for what price point. The site recommends finding a reputable agent by asking friends and family for recommendations, looking for real estate signs in your area, attending open houses and meeting agents, and calling brokerages around your home.

Limited inventory Because fewer people sell in winter, that means less competition for your home and buyers are even more limited than they already are in this market. With fewer homes for sale, it makes it easier for your home to stand out amidst the competition.

Buyers that are looking for a home during the winter months are also typically more motivated to buy. These are people that mean business, not just nosy neighbors who suddenly decide to jump into the real estate market.

It could be that they’re relocating or suddenly need a new space — whatever it is, winter buyers mean business. They want to get in your home quickly and for a good price.

Continued on Page 10

THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

Lyon Real Estate LISTING & SELLING DAVIS REAL ESTATE FOR OVER 50 YEARS.

819 North Campus Way, Davis

4216 Vista Way, Davis

3BD/1.5BA/1,502 SQ. FT./$875,000

4BD/2BA/1,606 SQ. FT./$819,000

Welcome...

TO OUR NEWEST AGENTS!

Kim Eichorn | 530-304-4947 | LIC# 01196250

812 Zaragoza Street, Davis

Joe Deulloa | 916-955-1796 | LIC# 00943470

186 Full Circle, Davis

4BD/2BA/1,848 SQ. FT./$1,050,000

3BD/2BA/1,440 SQ. FT./$245,000

ZACHARY WILDMAN 707-372-8048 LIC# 02165544

PRAOEVALAI McCALL

804-539-6291 LIC# 02157463

Kim Eichorn | 530-304-4947 | LIC# 01196250

Marcelo Campos | 530-848-1433 | LIC# 01003414

FOR ALL GREATER SACRAMENTO LISTINGS, VISIT GOLYON.COM

Lyon Real Estate Davis | 401 2nd Street, Davis | 530.758.0720 | GoLyon.com/offices/Davis

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THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

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THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

The ups and downs of a Winter market cooldown Cons

upgrades you’ve made. Some features to highlight would be smart thermostats, solar panels, window treatments, energy efficient windows and doors, insulation, a newer HVAC system and a tankless hot water heater.

Lacking curb appeal Your lawn and garden may not look in tip-top shape during the dreary winter months, even if you live in a warmer climate.

But there are still things you can do to help out, including shoveling snow and keeping driveways and sidewalks clear, fixing air leaks and making sure your home is properly winterized.

You can also turn this gloomy time of year to your favor.

This is a great time of year to show off any energy efficient

Harder to leave home Showing your home to potential buyers means that you (and your pets) need to be out of the house. And that’s not as easy during winter. In warmer months, it’s a piece of cake to pop down to the local park for half an hour or so, but win rainy, cold months, you might end up huddled in the car. Have a plan for showings and be prepared for last-minute ones.

—HomeWise

Continued from Page 6

THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

DAVID LORENZO, CA DRE# 01931112 Yolo & Solano County Real Estate Specialist!!

(530) 681-1106 • LorenzoRealEstate.net Yolo County Board of REALTORS Masters Club Award 6 years in a row 2016 through 2021.

1109 Entrada Drive, Davis • $698,000

D 1,155 sq. ft.

3 beds, 2 baths, 2 carL garage, SO 4284 Putah Creek Road, Winters • $1,300,000 LD2 car garage.

O2 baths, 14 acres, 3S beds, 4319 Redbud Place, Davis • $1,485,000 Dsq. ft.

L3,674 4 beds, baths, S4O 44498 N. El Macero Drive, Davis • $1,025,000 Dsq. ft.

L2,397 4 beds, baths, S3O 444761 Garden Court, El Macero • $755,000 Dsq. ft.

L1,633 3 beds, baths, S2O 983 Pierce Lane, Davis • $1,317,000 Dsq. ft.

L2,789 4 beds, baths, S3O Dixon • $1,050,000 LD 32+ acres SO 5808 Nicholas Lane, Dixon • $995,000 LD 4 beds, 3 baths, sq. ft., 25 acres SO2,536 822 W. Main Street, Winters • $631,496 Dsq. ft.

L2,778 4 beds, baths, S3O 708 Ivy Court, Winters • $544,000 Dsq. ft.

L2,406 4 beds, baths, S3O 114 Almond Drive, Winters • $469,500 Dsq. ft.

L1,671 3 beds, baths, S2O

2537 Centennial Drive, Woodland • $763,000

SOLD 2373 Castle Pines Way, Woodland • $520,000 D OL 2 baths S4 beds, 415 Baker Street, Winters • $479,000 D & dryer hook up inside.

Duplex. Both units 2 beds, bath,L washer S1O 115 Abbey Street, Winters • $509,000 LD& dryer hook up and carport.

Owasher Duplex. Both units 2 beds, 1S bath, 210 Edward Street, Winters Dsq. ft.

L2,024 6 beds, baths, S3O 4 beds, 3 baths, 2,935 sq. ft.

If your New Year’s resolution is to buy or sell your home I can help.

David Lorenzo Your local real estate expert

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THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

Real Estate trends to watch this year FORECAST

Low interest rates designed to prop up the economy amid the COVID-19 pandemic are starting to inch up again, along with concerns of inflation. This means that 2022 may cool off the white-hot housing market just a little, but demand will still outpace supply.

Keep reading more insights about the real estate market in 2022 from the Motley Fool.

Rates going up Economists say the Fed will have to respond to rising inflation, which recently clocked in at close to 7 percent in November, the highest rate since 1982. As the economy recovers from the pandemic, the Fed will taper off purchases of assets intended to stimulate the economy. Borrowing rates will rise more than previously thought; Bank of America predicts two rate hikes in 2022 and three more in 2023 and 2024. Mortgage rates will average 3.3 percent for well-qualified buyers in 2022, Fannie Mae forecasts, and the Mortgage Bankers Association is predicting a 4 percent rate on 30-year fixed loans.

Originations going down The rise in rates mean mortgage lenders will see an inevitable slump in business. The MBA says total loan originations will drop 33 percent next year from 2021, mainly targeting refinances, which the association says will decline 62 percent as rates continue to go up.

Homebuilders still booming Despite rising rates, home supply still won’t be able to catch demand. Goldman Sachs tells the Motley Fool that the housing shortage might last the longest of all the shortages affecting the U.S. as the market struggles to recover from the lowest supply of available houses since the 1970s.

An expected deregulation of land usage should help boost construction activity and push net supply up 1.4 million units, but the market will remain held back by supply constraints and labor shortages. More than 55 percent of homebuilders surveyed by the National Association of Home Builders said that they had trouble finding labor in 2021, while 90 percent of remodelers reported a shortage of subcontractors.

Supply chain problems will continue to plague builders as well. NAHB says October 2021 already saw a decline in housing starts. During that month, more than 150,000 homes that were authorized to be constructed were unable to be built because of material shortages.

Home prices inch up Home prices won’t rocket any more, but they won’t fall, either, experts say. From August 2020 to August 2021, home prices rose nearly 20 percent, a record increase. Demand will still push prices, but not at the same rate. Goldman Sachs forecasts a price increase of 16 percent from October 2021 to December 2022, while Fannie Mae and Freddie Mac are more conservative, predicting price increase of less than 10 percent. MBA goes farther and predicts a decline in prices of nearly 3 percent.

—HomeWise

THE REAL ESTATE REVIEW

, 2021 E · FRIDAY, APRIL 30 E DAVIS ENTERPRIS TH · ND YO BE & S , WINTER DAVIS, WOODLAND

, Davis

1010 Marina Circle

COURTESY PHOTOS

lect Real dy, Coldwell Banker Se Offered by Malek Baroo

Estate, page 3

The Davis Enterprise, Friday, January 14, 2022

The Davis Enterprise

2022 Real Estate Review

Upcoming Publishing Dates for 2022 January 28 • February 11, 25 • March 11, 25 April 8, 22 • May 6, 20 • June 3, 17 • July 8, 22 August 5, 19 • September 9, 23 • October 7, 21 November 4, 18 • December 2, 16

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THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

Real Estate Forecast 2022 ECONOMICS

Realtor.com recently released its 2022 Housing Forecast, predicting a whirlwind year ahead in real estate.

Here are some key takeaways from the report.

• Americans will have a better chance to find a home in 2022, but will face a competitive seller’s market as first-time buyer demand outmatches the inventory recovery.

• With listing prices, rents and mortgage rates all expected to climb while incomes rise, 2022 will present a mixed bag of housing affordability challenges and opportunities.

• More sellers are expected to enter the market as buyer competition remains fierce, we anticipate strong home sales growth.

• Affordability will increasingly be a challenge as interest rates and prices rise, but remote work may expand search areas and enable younger buyers to find their first homes sooner than they might have otherwise.

Home sales On the selling side, the experts at Realtor.com expect to see continued sales growth in 2022 of 6.6 percent, with 16year highs for sales nationwide.

Demand for homes among millennials aged 26 to 35 will continue to remain strong.

Along with a growing economy and low unemployment, Americans are poised to earn more, allowing for sustained sales even in the face of higher interest rates.

Home prices Along with strong demand comes higher prices for homes, continuing a decade-long streak of year-over-year price increases.

In the post-recession years since 2013, the market had seen consistent double-digit growth, eventually settling into more modest 4 percent to 7 percent growth more recently. But the pandemic sparked a home-buying frenzy, igniting another streak of double-digit growth in 2020. Under current conditions, the report sees continued growth, though at a more moderate pace, fueled by high demand and purchasing power.

Limited inventory With high levels of selling, inventory will remain limited, according to the forecast. However, a rebound from inventory lows in 2020 is expected with rising construction.

The report also cites a rising number of homeowners looking to sell in the next 12 months. Most had said they were not selling because they couldn’t find a new home to buy, but as the construction pipelines catch up sellers may be drawn out as they find these homes.

Price growth in rentals, too Early on, the pandemic created slower rent growth. In larger markets, remote work drove below-average rent increases into 2021. But secondary markets saw a surge in rent increases as remote workers relocated to take advantage of the flexibility.

In 2021, rent growth went from minimal to a double-digit pace as vaccines lessened the impact of the pandemic.

Limited supply and excess demand led to this rising increase, a trend the forecast expects to continue in 2022.

—HomeWise

THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

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THE REAL ESTATE REVIEW

The Davis Enterprise, Friday, January 14, 2022

NEW YEAR, STILL A SELLER’S MARKET! Contact Kim if a move is on your radar!

OPEN SAT 3-5, SUN 10-12 & 2-5

PENDING SALE WITH 4 OFFERS

812 Zaragoza Street

$1,050,000

819 North Campus Way

$875,000

4 Beds • 2 Baths • 1,848 Sq. Ft.

3 Beds • 1.5 Baths • 1,502 Sq. Ft.

A completely remodeled home with over $350,000 in upgrades and top of the line finishes!

Classic Oeste Manor home in a great Central Davis location has been remodeled throughout�

KIM’S 2021 SOLDS

530.304.4947

kimeichorn.com keichorn@golyon.com

CA DRE# 01196250

823 Peregrine Avenue �������������������� $1,617,428 39678 Lupine Court ������������������������ $1,400,000 602 Georgetown Place�������������������� $1,340,000 20 Parkside Drive ��������������������������� $1,320,000 983 Pierce Lane ������������������������������ $1,317,000 39614 Primrose Place �������������������� $1,293,300 5414 Tufts Drive ������������������������������ $1,270,000 2812 Corona Drive �������������������������� $1,250,000 3802 Gaviota Place ������������������������� $1,217,000 1518 Willow Lane ���������������������������� $1,200,000 426 Sandpiper Avenue �������������������� $1,156,500 1040 Pierce Lane ���������������������������� $1,125,000 659 Equador Place�������������������������� $1,077,000 3409 Morro Bay Avenue������������������ $1,050,000 539-541 J Street ����������������������������� $1,030,000 808 Villanova Drive ������������������������� $1,022,000 626 B Street ������������������������������������ $1,000,000 708 Robin Place ��������������������������������� $995,000 914 Plum Lane����������������������������������� $975,000 1256 Antelope Avenue ����������������������� $960,000 1950 Alicante Street �������������������������� $950,000 726 Falcon Avenue ����������������������������� $925,000

2316 Rodin Place ������������������������������� $901,000 1676 Harvest Drive ���������������������������� $899,995 918 Colby Drive ���������������������������������� $899,000 1508 Eligio Lane �������������������������������� $890,000 2129 Pollock Court ���������������������������� $862,000 1000 Plum Lane��������������������������������� $860,000 802 North Campus Way ��������������������� $800,000 1608 Clemson Drive �������������������������� $799,000 879 Linden Lane �������������������������������� $778,602 637 Rutgers Drive ������������������������������ $775,000 801 Anderson Road ��������������������������� $770,000 558 Villanova Drive ���������������������������� $749,000 1515 Union Drive ������������������������������� $741,000 3621 Koso Street ������������������������������� $730,000 3230 Albany Terrace �������������������������� $729,900 3506 Monte Vista Avenue ������������������ $726,000 1327 Via Colonna Terrace������������������ $675,000 2333 Roualt Street ����������������������������� $673,100 2403 Whittier Drive ���������������������������� $670,000 1206 Farragut Circle �������������������������� $655,000 2102 Whittier Drive ���������������������������� $650,000

1506 Manzanita Lane ������������������������ $646,500 834 Atwell Circle, Woodland�������������� $650,000 937 Chestnut Lane ���������������������������� $640,000 2306 Temple Drive ����������������������������� $630,000 2618 Temple Drive ����������������������������� $615,000 426 K Street ��������������������������������������� $599,000 2679 Briscoe Court, Woodland���������� $570,000 9604 Glacier Creek Way, Elk Grove ��� $554,550 628 Poplar Drive, Woodland �������������� $540,000 910 L Street���������������������������������������� $547,000 713 K Street ��������������������������������������� $533,625 4102 Cowell Boulevard ���������������������� $522,000 2105 E� 8th Street ������������������������������ $499,000 3317 Monterey Avenue ���������������������� $499,000 834 Walker Street, Woodland ������������ $499,000 3031 Oyster Bay Avenue �������������������� $480,000 4162 Cowell Boulevard ���������������������� $465,000 609 Court Street, Woodland �������������� $420,000 1311 Drake Drive Unit C �������������������� $395,000 133 Elliott Street, Woodland�������������� $345,000 1907 Donner Avenue #4 �������������������� $335,000