2021 Housing Market: Looking Back
What a year! The 2021 housing market saw sales prices reach new heights, inventory decrease at unprecedented levels, and homes sell quickly (and above the asking price!).
With our townhomes and bluegill units sold out, Meredith Bay saw a significant increase in interest for single-family homes and homesites! We currently have five spec homes, with one expected to be move-in-ready this year and two already under agreement. You can follow the construction of these stunning lake homes here. Or you can always build your own custom home on the lake with a variety of different homesites, just pick your favorite one and we’ll make your dream lake home come to life.
WHAT TO EXPECT IN 2022
The trends of the 2021 housing market are expected to continue into 20222 with strong buyer demand and inventory shortages. Home sales will continue to remain strong but will be affected by limited supply, higher sales prices, and rising interest rates.
If you’re looking to make your dream of owning a lake home a reality, contact us today.