The Outlook for Our 2022 Housing Market

Going over the stats from the recent Keller Williams conference.

We just got back from one of our Keller Williams conferences with loads of information that we want to share today. It’s an amazing conference, but our favorite speech by far is the vision speech, where they break down what their economists think will happen in the market. We all know about our low inventory, but did you know that our high prices might not be that high after all? On top of that, homes are still affordable from a historical perspective despite our rising rates.

You can watch the full video above, or skip to each section using the timestamps provided:

0:00 — Introducing today’s topic

0:57 — Why our annual home prices are right on track

1:52 — What is happening with inventory?

2:39 — The total unit sales and what’s projected for 2022

3:36 — Mortgage rates from a historical perspective

4:15 — How affordable are homes?

5:03 — Inflation and how our prices compare to 1989’s prices

6:13 — Wrapping up

If you have any questions about real estate, feel free to call or email us. We would love to hear from you.