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Showing posts from December, 2021

My predictions for the 2022 Real Estate Market

  What a year we had for 2021 in the speed of the real estate market and appreciation of home values! Is 2022 going to be as exciting? In this blog I am going over my predictions for the housing market for the year 2022, then providing how I achieved those predictions, which include the state of the economy and the stats of the housing market. You can also watch my predictions here My Prediction Here is my prediction: I expect most areas to see a slight uptick in their home values, not as much as in 2021 and there to be an  increase in the volume of home sales. I expect there to be less competition per home, because of the number of homes for sale, which will spread the buyers making offers per home. It should still be a sellers market(meaning homes being sold on average of 6 months or less).  Interest rates will rise throughout the year and I expect to see the biggest increase in interest rates around summer, not exceeding 4%. Overview of how I got to that prediction In ...