2022: Are You Ready?
Goodbye 2021! We are gearing up for the new year. Are you? We have some predictions about the real estate market in the New Year.  

The principal driver for the real estate market for almost two years has been lack of inventory—hence the sharp increase in home prices. We think demand will continue to be strong, but people are figuring out that Covid 19 is going to be part of life for the near future and beyond. 

Some homeowners have delayed selling—fearing that selling could be easy, but finding a replacement home might be really hard. A recent survey conducted by HarrisX for realtor.com suggests that many of these homeowners are planning to list their home in 2022, with 65% of them planning to do so this winter and spring. 

“The pandemic has delayed plans for many Americans, and homeowners looking to move on to the next stage of life are no exception,” says George Ratiu, manager of economic research for realtor.com. He continues, “Buyers should be ready for high asking prices and offer deadlines as seller expectations of the upcoming market are greater than in the spring, but an increase in new sellers could mean some relief from the inventory crunch.”

Here are some of the results of the HarrisX Survey:

  • Among homeowners who plan to enter the market in the new year, 65% will do so within six months.

  • Compared to the spring (76%), more prospective sellers (93%) have already taken steps toward listing their home.

  • More than one-third of prospective sellers (36% each) have researched the value of their home and others in their neighborhood and have started preparing for the sale.

  • Top reason for selling: More time at home during Covid 19.

  • Family considerations are a top reason behind homeowner decisions to enter the market: 37% of prospective sellers say their home no longer meets their family’s needs and 32% want to move closer to friends and family.

  • The rise in remote work is also a key driver: 23% of sellers want a home office and 19% don’t need to live near work.

What are your thoughts? Are you thinking 2022 might be the perfect time to sell? Let’s talk! Are you thinking you might want to buy? Let’s talk! We are always here to provide the best real estate services in the area and promise to Make Real Estate your BEST Investment.
Redfish Village
Beautiful Third-Floor Corner Unit!

This highly coveted unit with an oversized balcony, boasts unobstructed views of the Gulf. The kitchen, equipped with Viking and JennAir appliances, has been renovated with beautiful white cabinetry. Cambria quartz counter tops, chic tile backsplash, and new wood-look tile flooring are just a few of the stunning design elements. The double bunk area truly makes this unit one-of-a-kind. The open corner balcony with dual access from both the master bedroom and living area, allows for a free-flowing atmosphere. A true second home, this unit was never rented under this ownership, and shows pride in furnishings and customized décor, which all convey.
Top floor unit boasts Gulf and sunset views!

This impeccably furnished, spacious three-bedroom, three-bath condo is located in the highly coveted community of Redfish Village along 30A. A top floor unit boasting gulf and sunset views from the oversized balcony, this place is sure to please. High end luxury vinyl plank flooring was installed in 2019. The kitchen features Viking and JennAir appliances. The unit conveys fully furnished in turnkey condition. A privately owned deeded beach access with year-round tram service separates Redfish Village from all other properties in the area. The residence shows owner pride, vibrant décor, and is a must-see! This unit would make a fantastic investment or second home property!
Wisdom From Maya
“I’ve learned that no matter what happens, or how bad it seems today, life does go on, and it will be better tomorrow. I’ve learned that you can tell a lot about a person by the way he/she handles these three things: a rainy day, lost luggage, and tangled Christmas tree lights. I’ve learned that regardless of your relationship with your parents, you’ll miss them when they’re gone from your life. I’ve learned that making a “living” is not the same thing as making a “life.” I’ve learned that life sometimes gives you a second chance. I’ve learned that you shouldn’t go through life with a catcher’s mitt on both hands; you need to be able to throw something back. I’ve learned that whenever I decide something with an open heart, I usually make the right decision. I’ve learned that even when I have pains, I don’t have to be one. I’ve learned that every day you should reach out and touch someone. People love a warm hug, or just a friendly pat on the back. I’ve learned that I still have a lot to learn. I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.”
Stay Updated!

For those of you who closely follow the local real estate market, we just wanted to keep you up to date on the real estate market for Gulf Front, Gulf View, and other foreclosures in our area that you can always find on our website. Click the links below to view our updated list of foreclosures. Not looking for a foreclosure? Feel free to create a customized search!