2022 National Housing Market Forecast

The #1 question I get asked this time of year is what is going to happen with the housing market next year. I have found digesting what is being forecasted on a national level is a great way to help understand what might happen to the Monterey Peninsula housing market in 2022. Here is some great information from some industry professionals on what they believe is going to happen in 2022.

 

2022 Housing ForecastSome Highlights

 

Mortgage rates are projected to rise and so are home prices.

Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong year for home sales.

Let’s connect and discuss what this means for your home.

 

Mark Bruno

Monterey Peninsula Home Team