Buying or Selling a House in 2022? 5 Real Estate Trends to Watch

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If you’re looking for some relief in the crowded and competitive housing market in 2022, there may be hope in sight.

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Whether you’re contemplating buying your first home, or are a real estate veteran, here are five real estate trends to watch in 2022.

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Mortgage rates will continue to rise

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Buyer demand and competition will decline

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2021 saw an unprecedented surge in buyer demand due partly to a lack of inventory, work-from-home trends, and supply chain constraints limiting new construction.

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Home value appreciation will slow from record pace

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New home construction will increase

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Real estate investors will continue buying

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Buying or Selling a House in 2022? 5 Real Estate Trends to Watch

Buying or Selling a House in 2022? 5 Real Estate Trends to Watch

If you’re looking for some relief in the crowded and competitive housing market in 2022, there may be hope in sight.

Whether you’re contemplating buying your first home, or are a real estate veteran, here are five real estate trends to watch in 2022.

Mortgage rates will continue to rise

At the end of 2021, the average 30-year fixed-rate mortgage stood at 3.05%, based on data from Freddie Mac.

Buyer demand and competition will decline

Buyer demand and competition will decline

Buyer demand and competition will decline

2021 saw an unprecedented surge in buyer demand due partly to a lack of inventory, work-from-home trends, and supply chain constraints limiting new construction.

Home value appreciation will slow from record pace

Notably, most economists do not foresee a drop in prices, only a slowing of the current trends.

New home construction will increase

In 2021, building supply and labor shortages contributed to home-builders’ inability to keep up with demand for new construction.

Real estate investors will continue buying

By all accounts, real estate investments have seen a significant boom during the pandemic, with REITs up nearly 29% last year.

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