By Craig Erwin, Ph.D.
Existing-home sales are set for their biggest year since 2006, fueled by a growing economy, a solid job market, and low interest rates. Homebuyers outnumber homes. The Millenials, a huge generation, are at peak buying age. Typically sales fall as holidays approach. Not this year.
How much did the value of your house increase in 2021? Are you tempted to sell, given how much your house appreciated in 2021? Did you buy a home in 2021? Do you feel that you paid too much?
For more information on housing, inflation, the Millenials, and the economy, click on the following links:
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