Home buyers: Don’t wait for home prices to drop in 2022

Article by Erik J. Martin | The Mortgage Reports
Featured expertise by Jason Gelios

Will home prices drop in 2022?

The price of homes has risen significantly over the past few years. Many hopeful buyers, especially those on tighter budgets, are eager to learn if and when home prices may become more affordable.

The consensus from experts? Don’t hold your breath.

Among the six real estate experts we interviewed, none expect prices to fall in 2022. And they caution that those who are in a place to buy should do so sooner rather than later, as prices and rates could continue to rise.

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