George W. Allen

Backyards are the new walk-in closet.

More homeowners want backyards, survey shows - NEXT Mortgage News Backyards are now highlighted in 1 out of every 5 Zillow listing descriptions. Patios (13%) and pools (11%) have also seen a boost in listing mentions. Kitchen islands are also gaining popularity. But they will evolve to become “statement pieces...

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Those budget-busting rates and prices are expected to slow home sales. Instead of the number of home purchases ticking up, the Realtor.com economists now predict sales will drop 6.7% compared with last year. (These are for existing homes instead of newly constructed ones.)

For more info…

George W. Allen – Texas Realtor (Houston)
317-313-5008
[email protected]

No One Saw It Coming: How a Housing Market Curveball Has Completely Changed What Buyers Can Expect in 2022 Realtor.com adjusted its 2022 housing forecast given the shift seen in the housing market as mortgage rates have surged.