LEANNE BOMAN
1400 Newport Center Drive Newport Beach, CA 92660
REALTOR® DRE# 01456237
REAL ESTATE MARKET REPORT • NOVEMBER 2021
Irvine Terrace
949.887.9871
LeanneBoman@gmail.com www.LeanneBoman.com www.HomesInIrvineTerrace.com
WWW.LEANNEBOMAN.COM
Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2021
Living In, Promoting, and Protecting our Community’s Value! SHOULD I
Sell
Supply is L ow The driving factor of this uncanny market has been a lack of supply. As some homeowners wait to list until spring, the market will become even tighter. Buyers will have more competition with the lack of available homes, increasing the likelihood of bidding wars.
DURING THE
Holiday Season?
Mortgage Rate s are Rising Coupled with the lowest supply in history, mortgage rates have similarly remained at record lows. Most experts predict that rates will rise before the new year, making it difficult for buyers who are still hungry, and limiting their buying power.
Fa mily D e cision Time
The 2020 holiday season showcased record-breaking sales volume and increased prices, and the current market is still going strong. With a new year on the horizon and experts predicting changes in 2022, this is a perfect time to sell.
Many companies have adapted to remote employment, giving buyers the opportunity to move wherever they wish. Professionals and families looking to make big changes will search for their next dream home before the new year.
Presented by Leanne Boman Your Irvine Terrace Real Estate Specialist and Neighbor
J ohnathan a nd Ange l a- Marie , Now is the perfect time to sell and capitalize on this unique market. If you’ve considered selling, call me today at 949.887.9871, and let’s discuss your options.
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams