But as we head into 2022, the housing market may — finally — be starting to cool. A record-low supply of homes for sale and near record-low mortgage rates have propelled U.S. homes prices to an all-time high. Donna Deaton, a real estate agent at RE/MAX in Cincinnati, agrees that the market is tilting in a buyer’s favor. Here’s what’s in store for the housing market this winter — and tips for home buyers on how to navigate the new landscape. That’s in line with Realtor.com’s forecast, which predicts mortgage rates to close the first quarter at around 3.25%.

Source: Forbes January 04, 2022 21:41 UTC