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2022 Housing Predictions
2021 was, to say the least, an interesting year in real estate. But as the year comes to a close, the big question on everyone’s mind is what does 2022 have in store?
2021 was, to say the least, an interesting year in real estate. But as the year comes to a close, the big question on everyone’s mind is what does 2022 have in store?
A recent article from realtor.com outlined some of their economists’ predictions for the 2022 housing market, including:
Home prices will stay high—but price growth will slow down. Home prices rose high and fast in 2021, with realtor.com economists predicting a 12 percent rise for 2021. And while the realtor.com team predicts that home prices will stay high, they also see that growth slowing down—with price growth projected at a much slower rate of 2.9 percent for 2022.
Inventory challenges will continue. Low inventory proved a huge challenge for buyers in 2021; fewer homes on the market meant higher competition and higher prices—and it looks like it’s going to stay that way in 2022. The economists at realtor.com only expect the number of homes available to increase by 0.3 percent in the coming year.
Mortgage rates will rise. Mortgage rates have been hovering near all-time lows throughout the year, creating even more demand for housing. But buyers hoping to score the lowest possible rate on their mortgage should act fast; the economists at realtor.com predict mortgage rates to hit 3.6 percent by the end of 2022—a significant increase from 2021’s low of 2.65 percent.
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Laura Key - the Ultimate Answer to All Real Estate Needs (Press Release)
Laura Key - the Ultimate Answer to All Real Estate Needs
In the world of cut throat competition and greed where every penny is considered precious, Laura Key uses her heart while doing business. The real estate specialist has decided to donate $100 in her client’s name after the closing of every deal.
Los Angeles, CA -- (SBWIRE) -- 12/13/2013 -- Everybody has heard of real estate agents who brag about finding homes for celebrities, later using that as a tool to promote themselves and increase business. But, Laura Key is a REALTOR® with a difference, she is not only one of the most competent realtors that one can find around the Los Angeles and Beverly Hills area, but one of the very few realtors who has an inclination towards social service.
She has decided to donate $100 to one of the five non profitable organizations in the area, every time she closes an escrow- that too in the client’s name! Inspired by the popular quote- “Charity begins at home, but should not end there.” By Thomas Fuller, she makes sure that she is fulfilling her social responsibilities and returning a percentage of what she takes from it.
Making a business deal with Laura Key is one of the most convenient things to do. Unlike her competition, she is a professional who will provide her personal touch to understand every requirement that her client has. Her mobile application enables the users to find homes without having to compromise much on their busy lifestyles. They can find new homes or homes for sale from wherever at any given point in time. Her objective is to make sure that her clients have found their dream home where they can make memories at an affordable price. Her prices are genuine and the services that she provides are worth much more.
About Laura Key A prominent name in business for over seven years, Laura Key is a prominent name in the real estate business. She is a compassionate, enthusiastic and dedicated woman who will happily go the extra mile to make sure that her clients are satisfied with the outcomes of the deal that they strike with her. She understands that a home has a lot of sentimental value to the inhabitants and look at it as a place for solace, peace and comfort.
Media Contact: Name: Laura A. Key e-mail id: Laura.A.Key@gmail.com Ph. No.: (310) 866-8422 Website: http://www.KeyCaliforniaHomes.com
Find your next home with me! Instant and free access to the MLS! Text LKHOMES to 87778 or visit http://87778.mobi/LKHOMES! Available on Smartphones and Tablets!
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