Is The Housing Market Finally Slowing Down? Zillow vs Redfin Market Predictions

2 years ago
1

Homebuyers seemed to be unfazed by spiking mortgage interest rates, the unrest in Ukraine, the stock market declining and skyrocketing inflation. This is because home prices have once again reached all time record highs according to Redfin. Zillow & Redfin have updated their housing market predictions for 2022. Should you Buy now or wait? Will home prices finally fall in 2022 since mortgage interest rates are continuing to rise in the housing market? Will 2022 be stronger than 2021 or will it crash?

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