Here are our predictions for where our market’s heading in 2022.
What’s coming for the 2022 real estate market? Today I’m sharing our forecast for where we see the new year’s market heading.
First, let’s recap what we experienced in 2021. Here at the Holz Group, we had a record-breaking year of selling over 150 homes due to all the support and referrals from people like you. It was also an overall record-breaking market this year, where we saw incredible appreciation of home values and skyrocketing demand from buyers wanting to take advantage of the low interest rates to maximize affordability.
“The Federal Reserve has recently reported that they plan to increase rates in 2022.”
It’s been a strong market, and we anticipate 2022’s market to be just as solid. Pricing was strong in 2021, and we see that continuing next year. We don’t predict any major shifts in appreciation, though we don’t expect appreciation levels to be quite as high as they have been this past year.
For buyers, we expect the market to remain competitive, and you’ll still have a wonderful opportunity to buy at affordable interest rates. We’ve been hearing for years how low interest rates are, and we think they’ll continue to stay low, but the Federal Reserve has recently reported that they plan to increase rates in 2022. That means now is the time to take action and lock in these low rates before they begin adjusting them to counteract inflation.
Let’s get the conversation started about your 2022 goals. Call or email us if you have questions or want to discuss your real estate options for next year. We look forward to hearing from you.