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What’s on the Horizon for the Housing Market in the Second Half of 2022? [Video]

May 23, 2022 By Tami Savage

What's on the Horizon for the Housing Market in the Second Half of 2022?

According to expert forecasts, home prices will continue rising.

2022 Home Price Forecasts show an average of 9%.

And mortgage rates are projected to rise too.

“While some additional Fed tightening is already baked into today’s average mortgage rates, ongoing inflationary pressure remains likely to push mortgage rates even higher in the months to come.” -Odeta Kushi, Deputy Chief Economist, First American.

If you’re thinking of buying or selling a home this year, it’s important to know where the market is headed and what that means for you.

Let’s connect today so you have an expert advisor to help you plan your move.

SOURCES:

  • https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-apr-2022.pdf
  • https://cdn.nar.realtor/sites/default/files/documents/forecast-q2-2022-us-economic-outlook-04-27-2022.pdf
  • https://www.fanniemae.com/media/43346/display
  • https://www.freddiemac.com/research/forecast/20220418-quarterly-forecast-purchase-market-will-remain-solid-even-mortgage-rates-rise
  • https://pulsenomics.com/surveys/#home-price-expectations
  • https://www.corelogic.com/intelligence/u-s-home-price-insights/
  • https://www.zelmanassociates.com/
  • https://www.marketwatch.com/story/the-pandemic-boom-in-home-sales-is-over-mortgage-rates-soar-to-highest-level-since-2009-as-the-fed-pressures-the-housing-market-11651760108

Tagged With: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Video

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About Me

I help homeowners sell their existing home and shift into a home more suitable to their needs in the North Metro Atlanta area (specifically around Cumming, Canton, & Milton). Read More…

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