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At My State MLS, we are forecasting that prices will continue to rise in 2022 but at a more moderate pace than 2021. Going into 2022, demand isn't as high and supply is going to be a bit better than 2021.


Mortgage rates will grow upwards but still be a reasonable value for homebuyers. Inventory of available properties will remain low, but homebuilders are ramping up and many sellers are itching to sell at their new higher prices.

 

We expect rents to outpace home price growth because demand is still greater than supply. First-time homebuyers will continue to struggle because of higher prices and the supply problem. Bottomline, 2022 is still going to be a seller’s market, just not as frenetic as 2021.


Before we say goodbye to 2021, I would like to take this opportunity to wish you Happy Holidays and many successes in the New Year!


Best wishes,

Dawn

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Dawn Pffaf

President

State Listings Inc.


Do you know anyone who may need our services? Feel free to pass this email along so we can chat with them about their real estate needs!

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Market News

2022 Housing Market Research & Predictions from Realtor.com

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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. Additionally, 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.

See More [My State MLS]

Here’s How Inflation Is Affecting Home Prices

What Buyers and Sellers Need To Know Right Now

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Inflation is a red-hot topic right now, and for good reason: In October, the annual inflation rate rose to an alarming 6.2%. That’s the highest it’s hit since November 1990, over 30 years ago, and a steep uptick from the manageable 2% that we’ve enjoyed for the past five years.


Translated to your daily life, this means Americans are shelling out more money for just about everything, from gas for your tank to heating bills to groceries and more. Our money simply doesn’t go as far as it used to.


So what’s the impact of inflation on housing? Not surprisingly, inflation is influencing the real estate market in a big way, too.

See More [Realtor.com]

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OPINION

Deep Dive into Proposed NAR

MLS Changes

By Dawn Pfaff

Every year, the National Association of Realtors (NAR) converge on a major city. Other than the keynote address, the MLS policy meeting is usually standing-room only, because every year the MLS Policy Committee makes some new, earth-shattering, life-changing policy that ends up dividing the industry and the room. There are some key MLS changes being proposed this year.

See More [My State MLS]

An $86.7 Million Profit on One House?

Real Estate Investment on Steroids


On Florida’s affluent Jupiter Island, a waterfront compound that stretches from the Atlantic Ocean to the Intracoastal Waterway is hitting the market for $90 million. 


Set on nearly 6 acres, the estate has a main residence with large wraparound porches, two guest cottages and a beach house, according to listing agents Liza Pulitzer and Whitney McGurk of Brown Harris Stevens. 

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The sellers are Alfred West, chairman and CEO of SEI Investments, a financial services firm based in Pennsylvania, and his wife, Loralee West, property records show. The couple paid $3.325 million for the property in 1994, according to records. The Wests didn’t respond to a request for comment.

See More [Wall Street Journal]

INVEST IN YOUR REAL ESTATE EDUCATION


2021 is almost over, but there’s still time to make your education a priority.


My State MLS partners with The CE Shop to provide you with convenient, online real estate courses written by industry experts that will set you up for success in the new year and beyond.


Find Courses Here

Dec Newsletter CE Shop

This Hamptons Home Has Been in the Same Family for Over 100 Years - Now It’s for Sale

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A Hamptons home that has been in the same family for over a century is hitting the market for $18 million. The Amagansett home, which has 17 bedrooms and spans about 13,000 square feet, has been passed down for four generations, according to Lucy Mackall Sachs, 73, who inherited the property in 1996 with her five siblings.


The home sits on roughly 4 acres atop a hill. On the grounds, there is a tennis court, swimming pool and hot tub, Ms. Sachs said. There is also a three-bedroom guesthouse that used to be a garage.


The home is listed on East End LI - a listing service owned and managed by the

parent company of My State MLS


See More [Wall Street Journal]

Community News

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FINE FESTIVUS

This Holiday Season the Airing of Grievances Has Begun


Real Estate Pros - What is the most outrageous fine you received from your local real estate board Multiple Listing Service?


We would like to hear about it!


Send your story here for a chance

to win a full year of our Nationwide

MLS services Fine-Free

Real Estate Lessons in Fair Housing

Fair Housing

The Fair Housing Law pertains to all people who offer housing for sale. It's not legal to discriminate. In this webinar, Dawn Pfaff, President and Founder of My State MLS explains how this federal, state, and local law applies to real estate professionals.

Catch the Replay [My State MLS Webinar]

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David Mink Now Vice President of Operations

"In his new role as Vice President of Operations, David will be working more on Strategic Partnerships and how we integrate them into our business," said Dawn Pfaff, President and founder of My State MLS. "He is one or our original employees in the company and has helped us grow tremendously. We are looking forward to more rapid growth under his leadership."

See More [My State MLS]

Tips

What is the Nationwide MLS Known as My State MLS?

Nationwide MLS

One account, with nationwide impact. Looking to list in one place and reach thousands of agents across the country? MyStateMLS, the nationwide Multiple Listing Service allows you to list once and have your listing seen by agents across the US and Puerto Rico. Licensed in multiple states with one brokerage? No problem, no additional charge. 

Catch the Replay [My State MLS Webinar]

HOT TIP

Get Your Listings In Now!

December is a great time to get listings and enter them into the MLS before the January rush. Don't wait! Let your clients know that to get the best price, they should get out ahead of the pack.

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BREAKING NEWS!

New Membership Prices in 2022


Lock In Your 2021 Price Today for 2022!

New Membership

My State MLS membership prices will increase starting January 1st so join us or renew now to lock in the current 2021 price and enjoy a list of continuing and new benefits for just $40/month or $330/year!


Starting January 1st the new membership price will be $45/month or $380/year. 


See Member Benefits

Use Open Listings to Get Leads, Advertise Yourself,

and Expand Your Business

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Click above to watch Dawn Pfaff, president and founder of My State MLS explain how Open Listings work with My State MLS.


In real estate sales and rentals, an open listing is a property advertisement that doesn't have a contract to pay a commission between a real estate agent and the property owner.


With Open Listing Advertisements, you can post Open Listings that will show up on our public search. Your photo, name, and company will also be promoted on all of your listings with this upgrade.


Open Listings are covered by our Your Listing, Your Lead policy; when buyers request a showing, that lead will go right to you.


Open Listings Work

All over the country both rental and buying inventory is low. Finding an owner so you can list their property is tough without a big list of former clients.


Approach apartment and condo complexes and offer to list their properties for free. My State MLS allows open listings. Almost all local MLS's don't.

See More [My State MLS]

Featured Listings

East Hampton

Direct Beachfront

Suffolk, NY


$75,000/mo

Town House

5 Bedroom

5 Full Bath

Dec Newsletter Listing
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Hidden Rocks Ranch

Placervile, CO


$48,000,000

1,576 acres

6,000 sq. ft. Main Lodge

7 Guest Cabins

17 Bedrooms

11 Full Baths

5 Half Baths

Residential/Commercial

Grand Ridge, FL


$349,900

33 acres

3 Bedrooms

1.5 Bath

1000' hwy frontage ideal for commercial site

3 outbuildings for storage

FL Listing
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