What is the Prediction for the 2022 Housing Market?
Posted by Jeff Brooks on
Thoughts about The Market
Predictions are flying about what to expect from the 2022 housing market. Here is a concise article from Bankrate on the 2022 National Market Outlook and anticipated trends. The five summary points in the article are:
1) Interest rates will be going up
2) Price appreciation may be slowing in some areas and some markets
3) Affordability remains a challenge nationally
4) iBuyers continue but not as aggressive
5) Latino home buying gains momentum
Our Gulf Coast market typically behaves a bit differently than the national market because we are a destination and resort market with many second homes and coastal vacation rental investments. However, it's always good to watch the national trends and compare them to…
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