Berkshire Hathaway HomeServices Brokerage West, Inc. 1432 Sheridan Avenue Cody, WY 82414 RETURN SERVICE REQUESTED
1432 Sheridan Avenue | Cody, WY 82414 307-587-6234 | 1-877-443-6234 office@BrokerageWest.com | www.codyliving.com ©2022 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.
Thank You Park County! 2022 Real Estate Forecast: Affordability is going to be the numberone topic in housing in 2022, as home prices put further pressure on prospective buyers’ ability to make a purchase. Even before mortgage rates get back above 4%, this will become a more pressing issue. As a result, the recent unsustainable rate of home price appreciation will slow sharply. It will feel like speeding in a car and then suddenly slowing down when you see the officer with the radar gun pointed at you. It will be a dramatic change in velocity. That being said, home prices will not decline on a macro basis, but they will simply rise at a more sustainable pace. This is not a bubble, but there is a high degree of FOMO (fear of missing out) adding to demand. –Brad Hunter at Hunter Housing Economics
Happy New Year 2022!
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