Get expert advice on every topic you need as a small business owner, from the ideation stage to your eventual exit. Our articles, quick tips, infographics and how-to guides can offer entrepreneurs the most up-to-date information they need to flourish.
March 25, 2022 | 2-minute read (356 words)
The American housing market had a scorching year in 2021, with home values seemingly rocketing by the day all around the country. Some 20 U.S. cities saw double-digit price increases year over year.
According to a CNBC report, Phoenix and Miami posted annual price increases of 32.3% and 25.7%, respectively, in 2021. And LinkedIn reports that home prices in Austin, Texas, and Boise, Idaho, increased by more than 40% year over year.
Although the Federal Reserve boosted interest rates in mid-March, many economists predict that high home prices will persist in 2022, owing to a low inventory of available homes and the growing adoption of remote work.
To stay competitive in today’s hot job and housing markets, businesses can adapt the three strategies described below.
Accounting
Finance
Learn how we can put more time back in your day.
