Redfin released some bold housing market predictions for 2022! Are they predicting a housing crash? Will home prices fall in 2022 and will mortgage interest rates shoot up for the US real estate market? Will housing inventory eventually increase giving homebuyers more options which will entice more homeowners to list their houses for sale? Or will homebuyer demand remain strong and mortgage rates stay below 4%? Comment below with your housing market forecast.
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Redfin’s housing market forecast 2022:
To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is 3.22% 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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Originally published at https://www.youtube.com/watch?v=L6xAEnExB8c
This news story originally appeared at Real Estate - Trend Magazine on 11 May 2022