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John McClintock Team

Most Experts Agree
“Don't Expect Home Prices to Fall”

Don't expect home prices to fall: Not a single major real estate firm is predicting prices will fall over the coming 12 months. The reason? Inventory plummeted during the pandemic (see the chart below) and there simply aren't enough homes for sale to match demand from buyers. Even if some buyers back off in the face of higher rates, we'd still have an inventory crisis, says Nik Shah, CEO of Home.LLC, a startup that provides down payment assistance to homebuyers in return for a share of any profits. Shah tells Fortune that his forecasting shows home prices continuing to rise "in 2022 and beyond."

Source: Fortune Online,

Are you considering selling and/or purchasing a home in Bucks, Montgomery, Delaware, Mercer, Burlington or Philadelphia? More than ever, you need expert, professional representation. Before you consider making a move, call The John McClintock Team at 267‑759‑9518 for no obligation recommendations on dealing with bids, realistic prices and precise timing to suit your needs.

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Information is deemed reliable but not guaranteed.