Why is it that week after week, I am continually amazed by the lack of inventory and brisk sales in our area? One would think by now we would be used to it. But the historic low inventory is startling:
Hopefully these numbers are an incentive for sellers on the fence to make the move and bring their homes to market next year. We have many anxious buyers on the sidelines. We are eager and excited to be building up new listings that we’ll be sharing in January.
And the prediction for the market next year by the economists at the National Association of Realtors is in line with last week's blog. 
 
"Housing prices are expected to climb 8.0% next year and 5.5% in 2022, with 30-year fixed mortgage rates of 3.0% and 3.25% for 2021 and 2022, respectively."
So let's leave it on that high note. Have a wonderful holiday season and I hope you are healthy and able to relax over the next few weeks. I’ll see you in the new year with another market update.
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