PPB January 2022

by Audrey Sellers Rea l Es t a t e Moving Ahead: What’s In Store For Real Estate Many experts are betting the house on a more balanced real estate environment in 2022. Here’s what to know about this very busy market. The housing market, in the past year and a half, has been harrowing to say the least. Mortgage rates plummeted to historic lows. In many markets, sky-high-priced homes were snapped up in days, if not hours, and half of U.S. homes sold for more than their list price, according to Redfin, with homebuyers paying tens of thousands—and sometimes hundreds of thousands—over list price. 36 | JANUARY 2022 | GROW

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