We’re looking at the latest housing numbers from January 2022.

What is happening in our market? In a previous blog post, we talked about how increased limits on conventional loans would create a lot of activity in January. Now that we have the numbers, let’s take a look at the numbers from last month and see what they can tell us about our market’s future. 

You can watch our full market update in the video above, or you can skip to each topic using the timestamps provided:

0:00 — Introduction

0:42 — Housing snapshot for single-family homes, townhouses, and condos

1:23 — Buyers should get off the fence ASAP

1:54 — General market statistics

3:01 — Market trends for single-family homes

4:09 — What types of homes should first-time buyers target?

5:15 — We aren’t heading for a crash

5:41 — Wrapping up 

If you have any questions about today’s topic, please call or email us. We’d love to speak with you!