These Are the Housing Trends to Watch Out for in 2022

Dated: January 4 2022

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These Are the Housing Trends to Watch Out for in 2022

 

With a new year comes new housing trends.

But what, exactly, will those trends be in 2022?

A recent article from realtor.com outlined their team’s predictions for 2022’s major housing trends, including:

  • Continued demand for suburban housing. 2020 and 2021 saw many people opting out of city life for more space and privacy in the suburbs—a trend the team at realtor.com expect will continue into 2022.
  • Challenges for first-time homebuyers. In 2021, low inventory and high prices have made it hard for many first-time homebuyers to get into the market. And while available inventory is expected to increase in 2022, prices are expected to stay high—and, when paired with rising mortgage rates, it may present challenges for many potential buyers hoping to purchase a home for the first time.
  • A rise in demand for smaller homes. While many buyers want to buy large homes, affordability challenges may make some of those buyers rethink their strategy in 2022, increasing the demand for smaller homes—particularly for first-time buyers.

 

Roger Herrick, Realtor

eXp Realty of California, Inc.

 (661) 449-1239

DRE Lic# 01486172

Over 35 yrs in Bakersfield, 16 yrs in Real Estate. I provide good old fashioned full service. I live my life in the following order, Faith in God, Caring For My Family, Working Hard & Honestly in my Real Estate Business for my clients.

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Roger Herrick

I am a full time Realtor with over 14 years experience, I love to help people simplify the real estate process. First time home buyers are one of my favorites as I get the pleasure of helping people t....

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