REAL ESTATE NEWS
2022 summer housing market predictions
Curious how the real estate market will shake out this summer? Eager to learn if and how rates, buyer traffic and housing inventory will change before fall?
- Will the housing market stay hot?
- Are we headed toward a housing bubble?
- Who bought houses in 2021?
- Current supply and demand
- Warning signs of a market crash
Where the Housing Market Is Headed in Summer 2022, According to Experts
Traditionally, spring is real estate season, but buyers across the country have been waiting for summer to finally see a return to normal inventory levels, normal competition and most importantly, normal prices.
As it turns out, a return to normal is probably pretty far off, but cracks are starting to emerge in the seller’s market that has defined the real estate industry throughout the pandemic period. The experts in the trenches are seeing clear indicators that relief might be on the way — but will it come in time for summer?
How to Prepare for a Slightly Cooler Summer Homebuying Season
SUMMER 2022 HOMEBUYING SEASON PREVIEW
Main Takeaways for Buyers
- It’s expected to be a strong seller’s market, but cooler than what it has been.
- Home prices aren’t forecast to drop, but are likely to rise at a slower pace.
- Real estate trends are local. Work with an agent that is knowledgeable in the areas you want to purchase or where you’re selling your home.
- To avoid house buying FOMO (fear of missing out) and panic buying, know what you can afford and stick to a realistic budget.
Main Takeaways for Sellers
- It will still be a strong seller’s market, but not as intense as it was earlier this year with a smaller likelihood of a bidding war driving up your sale price.
- Get ahead of preparing to sell your home. A local agent can help decide what repairs and upgrades could help with the sale.
- Some markets, or sub-markets, may be stronger or weaker than others.
Homebuyers haven’t had an easy go of it the past few years, but there are signs the peak seller’s market is behind us. READ MORE
Ralene Nelson, REALTOR®
OPEN HOUSE – Sunday 1:30 – 3:30pm
829 Waterwood Dr, Rio Vista, 2bds/3.5bths/2,486sf
Asking $665,000 – Located on the 11th fairway, don’t miss out on this rare Rejuvenate Entertainment model with loft, full bath & closet, only 4 built in the Trilogy. This 2 full bedrooms has the loft that can make 3 bedrooms and den can be enclosed to make a 4th bedroom. 2nd bedroom has ensuite bathroom, great for parents that are living with you. The loft makes a great playroom for the grandchildren or man cave/crafts. Kitchen was upgraded with gas cooktop, granite counters & dark cabinets. Tile entrance, laminate flooring with carpet in bedrooms. Homeowner has upgraded entry with all weather cover & to the patio. Master bedroom has security screens added to the windows that are subject to golf balls. Retaining wall with French drain in backyard enhances the drainage system/landscaping. Low maintenance landscaping with drip system assists with water conservation & electric car charge port/plug in garage. Enjoy the numerous amenities, such as tennis, bocce ball, billiards, indoor/outdoor pools & spas. READ MORE
OPEN HOUSE – Sunday 1:30 – 3:30pm
366 Silver Ridge Dr. Rio Vista, 2bd/2ba/1579sf
Asking $475,000 – Soraya model located in the Trilogy Active Adult Community. Tiled floors with carpet in bedrooms, quartz counters & lighter cabinets in kitchen. Kitchen has bar and room for stools, this feature makes a great entertaining/casual dining spot. Built in entertainment space in great room also provides the chef access to the activities. Dining area has a slider to the covered patio area. Larger master bedroom, and bath has double sinks & walk in closet. The 2nd bedroom is to the front of home with bath next to bedroom. Den can be utilized as an office or even 3rd bedroom. Larger lot with low maintenance gardens with drip system. Don’t miss the opportunity to own this home. Solar home, prepaid by builder for 20 yrs, 14 yrs remaining. Trilogy offers so many amenities with a low monthly HOA fee. 2 swimming pools/spas, tennis courts, bocce ball courts, billiards, & gym, playground for grandchildren. Cafe/restaurant are in the development so just drive your golf cart & never leave the site… READ MORE
FOR SALE – 30 S 2nd St. Rio Vista, Residence and Commercial Building
Asking $699,500 – Are you looking for a home and in need of a business space? Or perhaps a home with a possibility of in-law quarters? This home might meet those requirements. Victorian style home with partial wrap-around porch provides a cozy place for morning coffee or afternoon beverage. 2 bedrooms up with 1.5 baths on the main floor. The possible room upstairs to add at a minimum 1/2 bath. Laminate flooring on the main floor with carpeted stairway & in bedrooms. HVAC & tankless water heater with inside laundry. 2nd building has been used as a commercial, however, could be added onto & remodeled to be ADU/2nd unit. READ MORE
FOR SALE – 303 Center St, Rio Vista, 4 bed 1.5 bath 1,775sqft
Asking – $380,000. Are you looking for a project, look no further. This 3 bedroom, 1.5 bath home is a perfect match for that project. Spacious with 1776 sq feet, needs some TLC, can be lovely home. Flooring is mixed, laminate, wood and carpet in bedrooms. This home does not have cental heat/air, but has wall air unit & gas unit. No garage, has large side yard for play or entertaining area. READ MORE
JUST SOLD – 905 Sunset Landing, Rio Vista
Beautiful Reflect model located on 3rd fairway. Larger lot with low maintenance landscape. Tile floors, double-sided fireplace, quartz counter & more. Solar is prepaid by Shea Homes. READ MORE
Events in Northern California this Week-End
2022 Danville Summerfest
Sat, Jun 25 – Sun, Jun 26, 10AM – 5PM
FREE for the Entire Family! Fun for the whole family! Join us for our Annual Summerfest in Historic Downtown Danville.
Enjoy the best of Danville with our Live Locally – Experience Danville Outdoor Business Expo.
On Saturday, June 25th, join us with our sponsor Stanford Health Care – ValleyCare, for a Health & Wellness event on East Prospect Avenue, featuring businesses and non-profits focused on sharing tips on how to stay healthy and well!
On Sunday, June 26th, our Classic Car Show Returns, with Celebrity Judges including ABC-7 Meteorologist Mike Nicco, Mayor Newell Arnerich & Town Council Members.
We’ll have kid’s games, entertainment, featured brews from Danville Brewing Company and wines from the Boisset Collection. READ MORE
Sounds of Summer S.O.S, in Stockton
Sat, Jun 25, 2 PM – Sun, Jun 26, 2 AM
Tiki Lagoon Resort & Marina, 12988 W Mcdonald Rd, Stockton
Sounds of Summer S.O.S is happening on Saturday, September 17, 2022 at 2:00PM PDT at Moore’s River boat with tickets starting at $20.00.This is a 18+ with valid ID eventS.O.S start at 2:00pm and goes until 2:00 am. Exclusive VIP Private bar, Silent disco Private restroom.This is a RAIN OR SHINE EVENT. (we’re sure it’s gonna be damn hot!!!) Sounds of Summer welcomes you. An event ticket is required to enter the event. Food vendors & full service bar, ATM on site. We’ve brought together some of the areas most amazing DJ’s , combine them with national acts, upscale crowds, coming from all over California, S.O.S will be the only way to START the summer of 2022!!
Family Wellness Fest in Sacramento
Sat, Jun 25, 9:00 AM – 1:00 PM
North Laguna Creek Park, 6400 Jacinto Ave, Sacramento
Bounce houses and games for the kids, health and wellness vendors, and free food! Join us for a fun morning of community gathering!
About this event – Family Wellness Fest is a one-day event bringing together community organizations, community service providers, and the public to promote and celebrate healthy living, innovation, and community. In partnership with the City of Sacramento, Family Wellness Fest is designed for people of all ages! READ MORE
Summer Kick-Off Festival, Santa Cruz Museum
Saturday, June 25, 2022 11 a.m. to 3 p.m.
1305 E. Cliff Dr., Santa Cruz, CA
Celebrate summer in Santa Cruz! Enjoy free admission to the Museum and outdoor festivities. It promises to be a day of nature-filled family fun — both out in the sunshine and within our Museum galleries. Live animals
- Live music
- Food trucks
- Nature Crafts
- Science activities
- …and more!
Free! Drop by anytime. READ MORE
Graffiti-Con 2022, Classic Car Museum
SUNDAY AT 10 AM – 5 PM
The Graffiti USA Classic Car Museum, 610 N 9th St, Modesto
We are looking forward to seeing you all again for Third Annual Graffiti-Con. . There will be tons of vendors, artists, and special guests.
- Mark Dodson voice of Salacious B Crumb from Return of the Jedi, Voiced Mogqai and Gremlins in Gremlins and Gremlins 2
- Alan Fernandez Original Tuskin Raider from Star Wars A New Hope
- Cooley Jackson Breakin and Breakin 2 Electric Bogaloo, White Ranger for the Power Ranger Live Tour.
- Chris Marrinan DC, Marvel, Darkhorse, Image
- Dan Brereton DC, Marvel, Darkhorse, Eclipse and has done several album covers
- Robert Love Darkhorse, Image, Cartoon Network
Annual Tuolumne Lumber Jubilee
Fri, Jun 24 – Sun, Jun 26
West Side Memorial Park in Tuolumne
Location: Tuolumne Tuolumne Memorial Park, Tuolumne, CA 95379 Event Type: Fairs & Festivals View Website Contact Person: 209-206-6768 READ MORE