Love Your Hood

December 2021 U.S. Real Estate News Recap

+ Pending home sales are down 2.7% compared to one year ago, as buyers are growing more cautious of high prices.

+ The cost of home insurance is rising 4% across the country due to increasing lumber prices and supply chain disruptions.

+ It’s likely that buyers can expect similar trends in the 2022 housing market: high prices, low inventory, and fast sales.

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