03/29/2022
This just in… The spring real estate forecast is in! 🌤 And the report says it’s a seller’s market.
According to Time, here’s more detail about what we can expect for the 2022 sellers market:
FOR BUYERS:
➡ Higher demand will create a seller’s market, but it won’t be as strong as 2021’s peak
➡ Home prices will continue to rise, but at a slower pace than 2021
FOR SELLERS:
➡ Though it’s a strong seller’s market, there’s less of a chance of bidding wars that will significantly increase sale prices
➡ There are still shipping delays, so get as far ahead of repairs as possible
➡ Check with your local real estate agent to understand the best practices for your area