MIKE'S MARKET SLIDE

With our local real estate market changing in 2022, you may have questions on how this will effect you. Inflation will force construction costs higher which will put upward pressure on new and existing home prices. Low inventory of homes for sale will also continue to put upward pressure on home prices. Look for inventory of homes for sale to slowly rise as interest rates slowly go up. Local home appreciate will moderate as the interest rates rise. Mike McNamara, Realtor ABR, CRS, GRI, CNE, e-PRO Windermere Coeur d’Alene Realty Cell 208-660-6320 [email protected] www.HomesCDA.com