Happy New Year – belatedly!
I hope everyone survived/thrived in the Holiday season, and as we look ahead into 2022 we see some hope for normalcy, and less languishing.
The final numbers for 2021 are in, and it was quite a year for our market.
So where does that leave us? For now…more of the same. While the rise in interest rates will hurt Buyers purchasing power, (every % point higher interest rate translates to about an 11% decrease in what the Buyer can afford) there are still more Buyers than inventory available, so I would not expect any big price drops or massive shifts in the market, only incremental ones that might bring us a little closer to balance in this heavily weighted Seller’s market.
So in short – It’s still a great time to sell, especially if you have an empty lot you’ve been sitting on…dirt is getting really expensive, so unloading might be the ticket for your pocketbook and become someone else’s opportunity.
I’ve enjoyed spending more time in the field helping you and less time behind a desk these last few months. I look forward to continuing work with Sellers and Buyers while keeping a hand in management without the burden of so much administrative work.
We haven’t eaten out a ton…but we have managed to get a few nights off cooking. I’ll highlight 2 very different establishments.
We were lucky enough to snag a reservation at Audrey right before the Holidays, and while it was indeed a splurge, it was 100% worth it in my opinion. Every detail from folk art by Mose Tolliver, to handmade quilts by Appalachian crafters added to the stellar meal we had.
My favorite dish of the night was the Appalachian Grits with Mushrooms and Bay Laurel (see below) the herbaceousness that Bay Laurel brought to the party was new to me and delightfully unexpected.
On the other end of the spectrum, we tried a new spot in Brentwood called V and V Vietnamese and are thrilled to have it in the area.
I had the BÁNH XÈO (or Crispy Crepe-see below) and hubs got the Pho – both were excellent. I’m looking forward to going back to try other things.
I really hope to see more of you in 2022 – I said the same thing coming into 2021!
As always, stay safe and healthy.
Until next time!
