2022 Real Estate Market Predictions!
05 Jan 2022Are you planning to buy or sell a house in 2022? Here are the real estate predictions:
➡️ Interest rates and mortgage rates are expected to rise.
➡️ There will still be a low number of properties available on the market.
➡️ the increase in property prices will potentially return at a more moderate pace.
➡️ Despite very strong demand for single-family homes, the condo remains a popular choice among young professionals, real estate investors and even first-time buyers.
➡️ The forecast for 2022 is still somewhat unknown, but many supply chain and material inventory issues are still anticipated, which will impact new construction.
➡️ Another way to stay on top of predictions is to contact me, your trusted real estate broker! I will help you in your research.