Housing Market Forecast for the Second Half of 2022
Posted by Larry Tollen on
We are officially on the back half of 2022 and everyone is wondering, what will happen with housing in the final part of 2022. Some speculate that inflation and new home shortages indicate a recession and housing slow downs. We compiled some of the predictions from leading experts on this topic and are sharing them to help our buyers and sellers make better decisions regarding real estate in 2022.
Inflation and Mortgages
Mortgage rates have risen 2% due to the Federal Reserve’s response to rising inflation. If inflation continues to rise, mortgage rates will respond. Greg McBride, Chief Financial Analyst at Bankrate, explained "Until inflation peaks, mortgage rates won't either. Without improvement on the inflation front, we don't know where the…
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