12/21/21, 1:39 PM
2022 Real Estate Trends to Look For | James Kassouf | Property Investment
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2022 REAL ESTATE TRENDS TO LOOK FOR
by James Kassouf | Dec 21, 2021 | Blog, James Kassouf, Property Investment, real estate
Real estate is a booming business, with more and more people taking it into their own hands to build up their wealth. However, as the real estate industry evolves, so does its market–one that is becoming increasingly complicated to navigate. The key to navigating this environment may lie in following trends already rising in the industry.
Properties’ Demand Will Outpace Supply
The market has changed significantly over the past few years, with more people opting to rent properties instead of buying. As baby boomers approach their golden years, they will increasingly need rental properties that future supply may not meet. This imbalance between demand and supply will continue to influence the real estate market positively and negatively.
The Rates of Mortgage Will Increase
This has a significant impact on the real estate market, as it influences the purchase price. A rise in mortgage rates will likely lead to higher home prices, which will, in turn, increase the https://jameskassouf.info/2022-real-estate-trends-to-look-for/
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