Check out some expert insight on what the 2022 Real Estate Market is predicted to look like.

When it Comes to Mortgage Rates…

Who Will be Buying & What They’ll be Looking for…

How Will Inventory Look…

When it Comes to the Competitive Market…

With those insights in mind,

What Does This Mean for Buyers?

We are past the peak intensity of buyer competition in the market. As more homes are listed this year, there will be less multiple-offer situations and more to choose from! However, rising rates are coming so you should be motivated to get the home-buying ball rolling sooner rather than later! Take advantage of today’s affordability before rates AND prices continue to rise. Connect with us ASAP to start the journey!

What Does This Mean for Sellers?

This Seller’s Market will continue throughout 2022 and home prices are projected to continue rising – just at a slower rate. With more listings projected to come on market, it’s in your favor to list your home before inventory climbs so that your home remains the hot commodity on market. Rely on your trusted agent to use their knowledge and experience in the local Hampton Roads market to help you time and price your home for a successful sale!