www.claudiachyang.com
WeChat: Claudia Chyang
(949) 413-4899
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www.ihrealty.com
(949) 379-6880
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So, in 2022, will the housing market crash or slow down? Most experts believe that if you’re a prospective first-time purchaser hoping or praying for a price drop in 2022, don’t bank on it. It’s unlikely that prices will fall if consumers wait for them to do so. Many real estate analysts anticipate healthy price increases of 4 to 6% in 2022.
Price increases in the double digits and heated multiple-offer situations seen in 2020 and 2021 are likely to be a thing of the past. The pace will decrease, and most experts estimate home sales to drop by three percent from last year, resulting in fewer transactions but not the double-digit explosive price growth that we saw last year. Fannie Mae’s Economic and Strategic Research department indicated in a recent study that it anticipates housing activity to decrease from its highs in 2021. Due to the limits imposed by rising mortgage rates, they expect single-family house sales to fall 2.4 percent in 2022, which is slightly higher than the previously forecasted 1.2 percent loss.
ABOUT ME:
I feel that the real estate profession is all about making human connections, and one of my specific skills is assisting my customers in determining what they want and need. I bring to the table sharp eyes and a keen understanding of the market. Working with a professional like myself will make this a fantastic experience for you, whether you are a first-time property buyer or a seasoned investor.
I am currently working with a number of investors interested in investing in Southern California real estate. If you are the owner or have a friend who may be interested in selling, or if you are looking to buy, I would be delighted to accompany you on this adventure. To begin, please email me or give me a call. Let’s explore how we can make this a memorable experience.
Huntington Beach, Newport Beach, Laguna Beach, and San Clemente are all part of Orange County, which is one of California’s most populous counties. We provide professional Real Estate services of the highest caliber. We are experts in the Orange County real estate market and can assist you in finding the perfect property quickly and efficiently, as well as providing free staging, advice, and targeting for sellers.
Our Realtors have extensive knowledge in the Southern California region, allowing them to assist you in determining location, pricing, and other factors. Our agents deliver attentive, helpful, and honest communication and service to every Orange County client in order to assist you in finding the perfect Southern California home. We also provide staging services at no cost. Our knowledgeable staff can assist you in appropriately staging your home for the best possible outcome. Please contact us if you’d like to learn more about the Orange County real estate market. As always, we pledge to give you with an exceptional experience.
If you enjoyed this video where I discuss the US real estate market forecast for 2022, and if the housing market will crash in 2022, with me, Claudia Chyang, Southern California real estate broker, please remember to like, share, subscribe and leave a comment if you have any questions, suggestions, or feedback. I hope to see you here again soon!
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