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5 predictions for the 2022 housing market

Housing Wire

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. In addition, more for-sale inventory will likely be available on the market.

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Existing home sales fell in June while monthly median sales price spiked

Housing Wire

With elevated mortgage rates sidelining both home buyers and sellers, existing home sales fell in June, according to the latest report from the National Association of Realtors (NAR). Sales were also down significantly from a year prior. Total existing home sales slipped 3.3% million. “The from June 2022 (1.25

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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Sometimes life happens, and a current homeowner can’t afford to keep paying their mortgage … and the remaining payoff amount is more than the home is currently worth. What’s a short sale?

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Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession

Realtor.com

Photo-Illustration by Realtor.com; Photos: Getty Images (2) / Realtor.com It’s like déjà vu in the housing market. Then, quite suddenly, the market seemed to seize up and prices and sales began falling. Last month, Federal Reserve Chair Jerome Powell said the COVID-19 pandemic market had been in a “housing bubble.”

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6 Simple Graphs Proving This Is Nothing Like Last Time

Keeping Current Matters

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. Home sales and prices were both up substantially over the year before. Today, it’s tough to qualify.

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Is a Housing Market Crash Possible in 2021?

RIS Media

With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down—in other words, are we headed for another housing market crash? Even today, several real estate markets have not fully recovered.

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Will the Housing Market Crash in 2022 or 2023?

Marco Santarelli

As more signs show that the housing market is already slowing down in 2022, many people are wondering: Will the market crash or collapse in the near future? The housing market is cooling as the economy is shrinking. The stock market is falling as inflation soars. Is the Housing Market Crash Going to Crash?

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