Will home prices go down in 2022 or will they continue to increase? Corelogic released their updated housing market predictions for 2022 and their housing market forecast for the next 12 months. They also shared the top 5 cities that are at greatest risk of home prices falling in their real estate market predictions for the USA. In addition, I also share an update regarding housing inventory, home prices, mortgage interest rates and much more in this housing market update.
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To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is 4.05% for the current mortgage rates (at the time of filming this video). This is mixed news if you’re a homebuyer right now or if you’re a homeowner looking to refinance.
Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?
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Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video – it is for entertainment purposes only.
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Originally published at https://www.youtube.com/watch?v=FQb-XaTpdQ8
This news story originally appeared at Real Estate - Trend Magazine on 27 June 2022