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District Heights - Mel's December Real Estate Market Insight 2021

December 2021 - District Heights, MD Real Estate Market Insight Melvin S. Yates II goes into statistical detail on the Real Estate Market Data for November 2021 in District Heights specifically. Melvin graduated from Gonzaga College High School & THE Howard University School of Business and taking care of his clients is very SERIOUS to him so he helps keep them extremely knowledgeable regarding Real Estate. Melvin uses his 30+ years of Real Estate experience to educate his clients & anyone interested in learning more about Real Estate. He currently trains, coaches and mentors some of the top Real Estate Professionals in the country while running 2 local Real Estate Brokerage Offices serving clients in DC, MD & VA. His offices of EXIT Flagship Realty have over 160 Awesome Realtors and they are ready to serve. Any Real Estate Professional can "tell" you they know the market; Melvin shows you why he and his team are one of the most sought after Real Estate Groups in the area. Melvin & his Dynamic Agents have been featured on ABC/WJLA, CBS & Fox5. They are a Washington Post TOP Workplace 2 years straight & have hundreds of 5 STAR reviews and Video Testimonials.is the most knowledgeable Real Estate broker is what we do. This ensures that our clients are able to make data driven decisions. Work with us to get your home SOLD for the highest price possible &/or to find your dream home! To Schedule a FREE Real Estate Strategy Session with Melvin, Visit www.MeetWithMel.com Follow on Instagram @therealmelvinyates Direct Text/Call 301.841.7629 Table of Contents 0:00 - If You Own Real Estate in District Heights for December 2021 0:43 - Average Sales Price in District Heights for November 2021 1:12 - Average Days on Market in District Heights for November 2021 1:24 - Number of New Listings for Sale in District Heights for November 2021 1:48 - Number of Homes that went Pending or Under Contract in District Heights for November 2021 2:00 - Number of Homes that SOLD in District Heights for November 2021 2:16 - Buyers Willing to Pay Top Dollar 2:27 - National Real Estate Data as of December 10, 2021 3:07 - When do most Homes Come on the Market 3:30 - Behavioral Insights - National Association of Realtors 4:17 - Historical National Data on the Average Length of Home Ownership 5:34 - Pandemic Effect on Homeowner Plans based on Economic Research at Realtor.com 6:05 - National Statistics on Sellers Planning to Sell within 6 months 6:34- National Data on New Listings Rising from Realtor.com as of December 10, 2021 7:04 - National Data Projections on Interest Rates for 2022 7:42 - Historical Perspective on Interest Rates 8:16 - Housing Market Good or Bad 8:48 - Mortgage Rate Projections from Freddie Mac, Fannie Mae, Mortgage Bankers Association & National Association of Realtors 9:16 - Rising Rates? 9:22 - Home Price Forecasts for 2022 9:57 - Will the Housing Market Crash? 10:11 - Housing Sales Forecasting for 2022 10:35 - Monthly inventory - Buyers Market or Sellers Market? 10:49 - 20 Year Historical Inventory Report 11:27 - Home Equity Expectation Survey over the next 5 Years 11:55 - Melvin S. Yates II Your Rock in Real Estate 12:43 - End

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