REAL ESTATE UPDATES OCTOBER 2021


		Robert Woehrle REAL ESTATE UPDATES

REAL ESTATE UPDATES OCTOBER 2021

Here's the latest news and headlines on property investments, housing, mortgages, refinancing, and real estate markets.

In August 2021, each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-year perspective, breaking a two-month streak of increases.



Home sales slip as buyers reevaluate their home search		Housing starts surge, but only in the multi-family sector

		Homebuilders are targeting the exurbs and inner suburbs
		Confidence among homebuilders steadied over the past month despite continuing material and labor challenges. Builders are targeting exurbs and inner-suburbs

"There are signs of more supply reaching the market and some tapering of demand... The housing market looks to move from 'super-hot' to 'warm' with markedly slower price gains."

- Lawrence Yun, NAR's chief economist


		DID YOU KNOW?


	The world's largest pumpkin pie was made in New Bremen, Ohio

12766 Mockingbird Lane

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Robert Woehrle

415-287-9100

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