Predictions for the 2022 Housing Market

KCRA, a Sacramento-based news source, recently published an article reflecting on the ups and downs of the housing market last year and what we may expect moving forward. It was reported that much like 2021, we can continue to expect low inventory of homes listed for sale, rising prices, and a competitive buyers’ market. The low mortgage rates from 2021 are expected to rise, though not to the pre-pandemic levels, yet still affecting buying power.

Rest assured, it’s not all doom and gloom. New construction is starting 2022 strong and offers first-time homebuyers and move-up buyers an opportunity to get in the market.

Read the full article by Anna Bahney, CNN Business here.

Blue Mountain Communities is especially cognizant of homebuyer needs and financial affordability. They look at the new year as an opportunity to focus on building homes and communities in many different poplar areas for a variety of families. You can see an entire list of where you can find Blue Mountain Communities neighborhoods here.