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Your Housing Market Update for the First Half of 2021


After becoming a Realtor® in 2002, AJ Hazzi noticed a gap in the real estate market...

After becoming a Realtor® in 2002, AJ Hazzi noticed a gap in the real estate market...

Aug 9 2 minutes read

Here’s what’s happening in our market and what it means for you.

Now that we’re over halfway through 2021, it’s a perfect time to look back on where our market has been (in Q1 2021 and prior), where it is now, and where it may be going. However, I’m not just going to be throwing a bunch of numbers at you—I’m going to give you some insight into what they mean for the future of our market.

For your convenience, I’ve included timestamps for today’s video topic. Feel free to navigate to the section(s) you’re most interested in viewing:

(00:05) — Introduction to today’s video

(00:25) — Year-to-date sales in 2021

(01:27) — Luxury home sales are booming

(02:00) — What’s going on with mortgage rates?

(03:00) — How inflation is devaluing the dollar, and why people are investing

(04:10) — What’s going on with rental properties?

(04:50) — What will it take to resolve housing issues?

(06:09) — We’re seeing more inventory, but it’s quickly absorbed

(06:50) — New housing developments in our area

(07:36) — Conclusion to today’s video

If you have any questions or would like more information about our market, feel free to reach out to me. I’d also be happy to help you with any of your buying or selling needs. In the meantime, I look forward to hearing from you soon.

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