4 Important Predictions for: 2022 Real Estate Market

By Real Estate January 20, 2022
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As we enter into the new year of 2022, we all have questions about the Real Estate market. As a country we have seen property prices rise 15%-25% in just a year and have seen average rents go up by almost 11%. We also saw record breaking low interest rates in the last two years, with the lowest foreclosure rate ever. In 2020, we saw lending guidelines get stricter during the pandemic and they stayed that way all the way through 2021, but this did not slow down lending. Buyers competed vigorously to get their offers accepted, leaving a lot of people frustrated with the buying process!

 

If you did not come out with an offer accepted and were tempted to throw in the towel, changes on the horizon may bring new hope for you! In this video we discuss 4 important predictions for the 2022 Real Estate Market that will show us which direction the market may be headed and how you can stay the course and land yourself an opportunity.

 

We discuss:

  1. Interest Rates on the Rise

  2. Rate/Term no longer in fashion

  3. Home Price Growth

  4. Employment & Income Growth

 

May the Real Estate Gods be with you! Until next time….

 

About the Author
Karan Singh
Karan Singh
My brand thrives on building meaningful relationships with clients, colleagues, and co-workers. Consider me your passionate ally in helping you and your family craft a future as solid as the foundation of your dream home.

For the past 8 incredible years, I’ve been on a mission to turn the elusive “”American Dream”” into a tangible reality for home buyers. Think of me as your guide, relentlessly searching for that perfect home at the perfect price. And for sellers, I’m the secret weapon to ensuring your property gets snatched up for top dollar, faster than you can say “”sold!””

But here’s the real kicker: I’m not just a lone wolf in this wild real estate jungle. I’m part of a dynamic team that knows no bounds when it comes to innovative and proactive marketing strategies. We’re not just top ranked in the market—we’re the ones setting the bar!

So, let’s cut to the chase. If you’re itching to unlock the door to your real estate goals, give me a call today. Trust me, you won’t be disappointed. It’s time to make moves, my friend!