New Year, New Market - 2022 Real Estate Market Predictions
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It's here! 2022! We've made it to another year in this crazy and confusing time. If we've learned anything in these last few years and months, it's that things can change quickly. Something will shift and then suddenly everything we know is turned on its head. The real estate market has certainly seen these changes as buyers and sellers have navigated the challenges of the pandemic and its effects, and we feel pretty confident that 2022 will be no different. We rounded up some of the top experts' market predictions as we head into this new year. Check out the highlights to see what changes we may expect: Affordability It's a word you're probably going to hear a lot in 2022. According to experts, affordability will be a large determining factor that will affect the new year's market. According to Realtor.com's 2022 Housing Forecast , we're in for a "whirlwind" year. Existing home sales are predicted to increase 6.6%, and it seems t