Experts raise real estate price projections for 2022
If you are wondering whether the prices will fall due to the slowdown of the real estate market American or a possible recessionIn this text I show you some indicators that you need to know. Not only are experts predicting that real estate prices will continue to appreciate nationwide this year, but most of them have also increased their projections for real estate price appreciation from their original forecasts for 2022 (shown in green in the graphic below):
Many Experts Raise their Forecasts for Real Estate Variation in the United States
Projected real estate valuation in January versus last update
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As the chart shows, most sources have adjusted upward their forecasts for real estate appreciation made in January 2022. But why are the experts so confident that the real estate market will see continued appreciation? It is because of the supply and demand in most markets. As said on Bankrate:
"After all, the supply of homes for sale remains near record lows. And while a jump in mortgage rates has dampened demand somewhat, Demand still outstrips supply, thanks to a combination of little new construction and strong household formation by a large number of millennials".
Knowing that experts predict that house prices will continue to appreciate in most markets and that they have actually increased their original projections for this year should help you answer the question: will house prices fall? According to the latest forecasts, experts are confident that prices will continue to appreciate in value this year, although at a more moderate rate than in 2021.
Are you in doubt?
Now that you know that prices are not expected to drop in 2022 according to experts in the American real estate market you can already consider investing in vacation homes in orlando. To take advantage of all the tips we have brought to you and go even deeper, you can talk directly to our relationship agents. They are always willing to talk to you with any questions about investing in Florida.
In this text we approached the theme the behavior of the real estate market during recessions because it is interesting for those looking to invest in Florida. If you want to read more content like the one we brought in this article, just stay tuned here on our blog.
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