2020 and 2021 were unique times in our housing market. Comparing today’s market – sales, pricing, appreciation – to either or both years (Unicorn Years) rather than the years prior to that distorts what’s actually happening today. A lot of those distorted comparisons will likely be in the media headlines and stories! Chances are they will be negative, too!
Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]
Some Highlights
- Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years.
- Expect unsettling housing market headlines this year, mostly due to unfair comparisons with the ‘unicorn’ years.
- Let’s connect so I can share the data that puts those headlines in the proper perspective.
I hope you found this article (reprinted with permission from Keeping Current Matters) useful. If there are any questions, or if I can help you with your home search or sale, let me know. You can reach me directly or by text at (760) 840-1360.