01/19/2022
HAPPY 2022!
To ring in the new year, let’s talk about what 2022 will look like for the housing market. 🏡
In 2021, the housing market was red hot with houses selling in much shorter time spans for higher prices than previously due to low mortgage rates!
The supply chain issues and shortages definitely didn’t make this boom easy on builders or building suppliers, and unfortunately housing experts are predicting that this trend will continue well into 2022!
Expect more high prices, low inventory and quick turnaround times. The sellers market will prevail, and although finding a home may still be on the difficult side, experts are stating that it will be easier than this past year.
Zillow predicts that home values will rise by an additional 11% this year and bidding wars will continue for the foreseeable future.
Now is the time to buy a home and watch that home value go up and 🆙