Russ-Gelston-Woodland Hills - December 2021

DEAR JONATHAN AND ANGELA-MARIE, As your trusted Woodland Hills real estate expert, I am beyond grateful to assist homeowners like you in your selling journey. I appreciate the continued support leading into the New Year. Savor each and every moment during this season!

Russ Gelston

LOOKING AHEAD: IS A NORMAL REAL ESTATE MARKET ON THE HORIZON?

2022 REAL ESTATE PREDICTIONS: • Sale prices will continue to increase but at a slower rate than 2020 and 2021. Experts predict a 12.0% increase in year-over-year sale prices by July 2022, while last year experienced an 18.6% increase.

• Inventory is expected to rise, allowing the market to cool off and giving buyers more time and options while searching for their home.

• Interests rates will remain favorable to buyers and keep home sales going steady. Freddie Mac forecasts 4.0% interest rates by the end of 2022, and experts predict rates to be around 3.6%.

“I would say to expect 2022 to provide a more balanced normal landscape. Buyers can also expect to be able to make offers below asking again. That’s part of what we’ve seen historically.

That’s a normal market.” ~ George Ratiu from realtor.com

Source: https://homesca.net/real-estate-blog/2022-housing-market-forecast-boom-or-bust

PREPARED ESPECIALLY FOR JONATHAN AND ANGELA-MARIE WILLIAMS

Russ Gelston RESIDENT REALTOR® Associate Broker MD & VA Property Manager RE/MAX Realty Group The Wineman Team

301.370.6005

Office Phone: 301.258.7757 WinemanTeam@gmail.com www.RealEstateSold.com www.RussSellsWoodlandHills.com Each Office Independently Owned and Operated.

This postcard is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE covered.

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

Jonathan and Angela-Marie, As we enter 2022, we can be sure of one thing – the real estate market will continue to evolve. Now more than ever, you need an experienced Woodland Hills real estate agent in your corner. Call me today at 301.370.6005 to get the latest updates on home values in your area, and let my marketing and negotiation skills help you achieve the highest sale price!

RE/MAX Realty Group 6 Montgomery Village Ave., Suite 200 Gaithersburg, MD 20879