2022 Inland Empire Housing Market Predictions

Dated: January 1 2022

Views: 6

As we look to 2022, sellers may wonder whether they missed their opportunity to get top-dollar for their home. Likewise, potential home buyers may worry that prices will remain high while inventory stays low.

Price Growth
Freddie Mac predicts a 5.3% growth rate in 2022, down significantly from 2021. Even in the face of slowed growth, sellers still have a chance to cash in on their rising home equity.

Inventory
Severely limited inventory began to ease up in the second half of 2021. If this trend continues, buyers can expect less intense competition and fewer bidding wars in 2022.

Wild Card
As the federal mortgage forbearance program ends, many affected homeowners will likely list their properties. It remains to be seen how much this expected change will affect inventory.

Blog author image

Roger Flowers

Roger Flowers is a Realtor based in Redlands, California. He has a particular focus on the residential market, more specifically, assisting clients throughout the Inland Empire (Southern California....

Latest Blog Posts

Is Your City on the "Bargain Mansion" List?

Winning the lottery may no longer be your only ticket to living large. Depending on where you live, a dream mansion could be surprisingly affordable. Realtor.com® recently published a

Read More

2022 Inland Empire Housing Market Predictions

As we look to 2022, sellers may wonder whether they missed their opportunity to get top-dollar for their home. Likewise, potential home buyers may worry that prices will remain high while inventory

Read More

The Most Common Types of Mortgages

One of the more complicated aspects of buying a home is understanding the different mortgages available and deciding which is right for you. Knowing the basic facts about the most common types of

Read More

What's New in Floor Plan Design?

Interior design styles come and go, but when it comes to floor plans, homeowners prefer designs that meet their needs and endure the test of time. Over the past 18 months, the cultural shift to

Read More