With so much in the news about the real estate market, we’re hearing from you, our smart and savvy California Listings readers, that there are some big questions that remain. So, we’re turning to our neighborhood agent partners to answer your burning real estate questions in our new weekly feature—Ask The Expert!
This week, North Tustin expert David Feldberg looks at what’s ahead:
Question: Do you have any sense of where your local market may be headed in the remainder of 2021 and heading into 2022?
David Feldberg: All forecasts out there are pretty strong for at least mid way through 2022. The big question on everyone’s mind is interest rates. If interest rates move quickly above 4 percent, I think there will be some significant slowing. But, if rates remain low, demand will most likely stay high. Inventory is forecasted to be tight for a number of years so its probably all going to come down to demand.
Click here to connect with David Feldberg and see more of his listings at his California Listings profile.
To submit a question for an upcoming Ask The Expert feature, drop us an e-mail at hello@californialistings.com