Corelogic recently released their housing market update for 2022 stating that Home Price Appreciation reached 19.1% in January. Which of course is the highest level in 45 years. The Corelogic housing market update has many predictions as to what will happen in 2022. So what to expect for the rest of the year? Will home prices drop? Will mortgage interest rates rise?
There are many questions as we roll into the Spring Housing Market, which typically is the hottest time of the year for buying and selling real estate. And I believe we will see a very slow, gradual reduction in home prices as the mortgage interest rates slowly rise.
But COMMENT DOWN BELOW and let us know WHAT YOU THINK!!! Hope you enjoyed our Corelogic update.
All this and more answered in this video.
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*DISCLAIMER* The contents of this video are for strictly educational and entertainment purposes. This video is not intended to provide financial, accounting, tax, or legal advice. For financial or legal advice consult with financial advisor or lawyer.