Posts from June 1st, 2022

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June
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Higher Rates and Short Supply: The State of Real Estate in 2022

June 1st, 2022 by Leigh Hulcher

The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.¹

But while some had hoped 2022 would bring a return to normalcy, the U.S. real estate market continues to boom, despite rising interest rates and decreasing affordability.

So what's driving this persistent demand? And is there an end in sight?

Here are three factors impacting the real estate market right now. Find out how they could affect you if you're a current homeowner or plan to buy or sell a home this y...

Click Here to Read More...

Categories: Buyers

Posts from June 1st, 2022

Higher Rates and Short Supply: The State of Real Estate in 2022

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