01/19/2022
What to expect this year in the Real Estate Market.
-Mortgage rates are expected to rise
-A more balanced market
-Increase in home prices
-Increase in rent rates
"Real assets, like real estate, are often used as a hedge against inflation. That’s because property values typically rise with inflation. And when a homeowner takes out a mortgage, they lock in a set housing payment for the next 30 years."
If you are considering purchasing a home this year, message me! It is important to start your pre-approval process now, even if you do not plan on purchasing until later in the year. This way if you need to work on your credit or down payment, you and your lender can discuss a plan to get you where you need to be for when you are ready to take your next step. Once you are ready to buy, I can help you find your future home!
If you have read this far, be sure to check out our monthly newsletter below with fantastic information about this year's market!
Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginn