Ford’s Colony neighbors, I wanted to take a moment to thank you for your faith and support during 2021, another challenging year for us all. We closed 43 listings together in Ford’s Colony this year — or 21 percent of all closings in Ford’s Colony! Your confidence is sincerely appreciated.
As you probably know, the local real estate market mirrored the national one in 2021, in that inventory across the board sat at record low levels. Ford’s Colony was no exception. The community remains in peak demand with all closings sales averaging 99 percent of original list price.
I look forward to the 2022 real estate market! I expect inventory levels to gradually improve as, hopefully, more of a sense of normalcy returns to our everyday lives. Mortgage interest rates are expected to increase; however, they should remain at historically low levels, further continuing the “right time to buy” mentality of most consumers. Home values should level with an increase in inventory. Please contact me if you are considering buying or selling a home next year!
I will go into greater detail during my upcoming annual seminar on the state of the Ford’s Colony market. Please circle it on your calendar and plan to attend — Thursday, Feb. 17 from 2 p.m. to 4 p.m. at the Ford’s Colony Country Club. Please RSVP to Deelyn@LizMoore.com or Christie@LizMoore.com by Monday, Feb. 14.
Thank you again! I wish you a HAPPY 2022!