As if the Federal Reserve wasn’t juggling enough factors these days, the Russia Ukraine situation could muddy up those waters even more. There has been much speculation about the Federal Reserve increasing their short-term interest rate in March 2022 and numerous times throughout this year.
The market has swiftly shifted in 2022 and homeowners have begun reassessing their home projects on the horizon. In an increasing interest rate environment, and home equity still hovering at all time highs, many homeowners are moving up their kitchen remodel projects.
You may have heard that multiunit properties are all the rage in 2022. This rather “new” trend actually got its start years ago for 2 primary reasons which we will investigate as the premise for why you should purchase a multiunit property in San Diego, CA in 2022.
By this time everyone knows 2020 and 2021 was the largest real estate equity surge on record. With home prices hitting all-time highs and mortgage rates hitting all time lows, the bulk of attention in real estate was directly pointed at purchase and rate & term mortgage loans.
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