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Sorry, Homebuyers: This Seller’s Market Is Sticking Around
From the CE Shop Team – January 17, 2022 As we wrapped up 2021, a year marked by soaring home prices and incredibly low inventory, many prospective homebuyers likely felt frustrated by the state of the ultra-hot housing market. Now, as we look into 2022, many might be wondering: Will the housing market finally calm down? Well, maybe — but it will remain a seller’s market, experts say. Here’s what Realtor.com predicts: “…The market will continue slowing down from the frenzy seen in the spring [of 2021] when prices shot up to new heights. However, prices will stay high, inventory will remain tight, and mortgage rates will rise. “The bottom line: Even as…