Since August 2020 HOME PRICE ARE UP 19%
Greater than any period leading up to the 2008 housing crisis
What's causing the current housing boom?
- HISTORICALLY LOW MORTGAGE RATES
- WORK FROM-HOME ALLOWS BUYERS TO MOVE TO LESS EXPENSIVE AREAS
- MILLENNIALS ARE BUYING THEIR FIRST HOMES
Looking Ahead
- HOME PRICES ARE UNLIKELY TO FALL
- HOME PRICE GROWTH WILL SLOW
2022 Forecasts
- ZILLOW: 14%
- CORELOGIC: 2%
- FANNIE MAE: 8%
For more information please visit: https://fortune.com/2021/12/27/housing-market-home-prices-2022-real-estate-rising-mortgage-rates-impact/