Sandie Bobus
Sandie Bobus
The Coldwell Banker Market Watch

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REAL ESTATE UPDATES FEBRUARY 2022

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

First-time buyers were responsible for 26% of sales in December. Individual investors purchased 15% of homes, while all-cash sales accounted for 24% of transactions. Distressed sales represented less than 1% of sales, and properties typically remained on the market for 18 days.





 


Why is housing supply still so low?
Inflation shouldn't stop you from buying a home in 2022
     





  Existing-Home Sales Reach Highest Point Since 2006
  The housing market was red hot in 2021. Check out NAR's latest home sales report for more and to find out what may lie ahead.
 
 
 
 
 
  Housing Forecast Reveals The Best Markets For Each Stage Of Life
  Austin is the best market for Millennials, Miami rises to the top for Gen X and Pittsburgh ranks No. 1 for Baby Boomers.
 















 

"We saw inventory numbers hit an all-time low in December... Home builders have already made strides in 2022 to increase supply, but reversing pats like the ones we've seen recently will take years to correct."

- Lawrence Yun, NAR's chief economist

 





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  DID YOU KNOW?
Chicago
 



   
  Who loves snack cakes?  
   





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242 North Village Court
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1228 North Elmwood Avenue




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Jellyfish at The Chicago Aquarium

 

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Sandie Bobus 
847-222-8752
sandie.bobus@cbexchange.com

         



       


                   

   



 
Sandie Bobus 
847-222-8752
sandie.bobus@cbexchange.com




   



   



 
Sandie Bobus 
847-222-8752
sandie.bobus@cbexchange.com