- A substantial share of homebuyers won’t move to places where laws conflict with their beliefs.
- 30-year mortgage rates could rise from 3% to 3.6% by the end of 2022.
- A typical homeowner could gain another $15,000 in housing wealth.
What was the most overused word for the U.S. housing market in 2021?
Hot.
How else could you describe a year when the surge in home prices reached 18% year-over-year in October, the highest recorded increase in the 45-year history of CoreLogic’s home price index? And this year is also on track to become the first time that total residential housing transactions exceed $2 trillion, according to CoreLogic.