Here are my thoughts on what to expect from real estate in 2022.
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It’s that time of year where a lot of us are visiting with family and friends. If you are a Realtor or have one in your family, you may be asking them about what the market is going to do in 2022. Today I want to offer up some of my predictions about interest rates, sale prices, and more as we approach the new year.
Feel free to watch the full interview, or use these timestamps to browse specific topics at your leisure:
0:35—How are interest rates at right now?
1:40—A look at where rates have been trending over the last year
2:30—Where I think rates are headed in 2022
2:51—Historical data for mortgage rates
3:49—The experts’ opinions on interest rates in 2022
4:30—How rates may (or may not) affect home values
5:50—What’s a “downside sticky?”
6:20—Will rising interest rates affect sales numbers?
7:33—My predictions for the 2022 market
8:35—Final thoughts and some good news
If you have any questions about what we discussed in today’s market update, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.