2022 Housing Market Insights

Published:
February 7, 2020
Last updated:
January 18, 2022
In This Article

Experts are forecasting a strong housing market in 2022.

Here’s what a few of them have to say:

  • Freddie Mac: “We forecast mortgage rates to increase slightly through the remainder of the year and reach 3.0%, rising to 3.5% for full-year 2022.”
  • CoreLogic: “With less demand, we expect homes listed for sale will be on the market a bit longer with fewer competing bidders, which should moderate price growth. The CoreLogic Home Price Index Forecast has the annual average rise in the national index slowing from 15% in 2021 to 6% in 2022.”
  • Mike Fratanoni, Chief Economist & Senior Vice President of Research and Industry Technology, Mortgage Bankers Association (MBA): “2022 should be another strong year for the housing market.”
  • George Ratiu, Manager of Economic Research, Realtor.com: “I think 2022 has the promise of providing less competition, a lot more homes to choose from, and, as a result, a lot more approachable prices.”
  • Mark Fleming, Chief Economist, First American: “Strong demographic demand will continue to act as the wind in the housing market’s sails.”

If you’re thinking of buying or selling a home, let’s connect to determine if 2022 is the year to make your move.

View Current Mortgage Rates

If you’re thinking about buying a home in 2022 and need a mortgage to finance it, Sammamish Mortgage can help. We offer a wide range of mortgage programs with flexible qualification criteria to borrowers all across Washington State and the rest of the Pacific Northwest. Call Sammamish Mortgage today to get started!

Get an Instant Mortgage Rate Quote Today

Other Blogs You May Like
What’s Ahead For Mortgage Rates This Week – August 15, 2022
August 15, 2022
6 min read
What's Ahead For Mortgage Rates This Week - August 15, 2022
Mortgage rates are going up, as are monthly mortgage payments, but home sales are slowing in...
Most Popular Cities For Relocating in WA To Get a Better Deal on a Home
July 22, 2022
6 min read
Most Popular Cities For Relocating in WA To Get a Better Deal on a Home
Relocating to different cities in WA is often motivated by the cost of home prices. People don’t...
Show 48 more posts
from this category

Connect with America’s Lending Experts today!

Whether you’re buying a home or ready to refinance, our professionals can help.

Compare Mortgage Rates in Your Area Instantly

No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.