What Are Experts Saying About The 2022 Real Estate Market?

Here is what Experts say about the housing market for 2022! As mortgage rates rise, prices should moderate, but low inventory will continue to be a problem. Last year was a great year for selling a home but not a great year if you were trying to buy a home. Prices for homes rose quickly and the number of homes for sale decreased. Although the 2022 housing market will still bend toward a sellers benefit, it offers a slightly better chance for buyers to buy their dream homes. It is predicted that home prices will continue to rise but at a slower pace and the competitive multiple offer situations will ease. So 2022 should bring more balance to the housing market, but don’t expect a buyer’s market; just more selection, less frenzy and slower price growth! Pinyon Properties is your real estate one stop shop!

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