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Market Trends

Higher Rates and Short Supply: The State of Real Estate in 2022

June 22, 2022 by Eric Firestone Leave a Comment

The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates, a major supply shortage, and a year's worth of buyers that ... » Learn More about Higher Rates and Short Supply: The State of Real Estate in 2022

Filed Under: Real Estate Tagged With: City Beautiful, Coral Gables Homes and Living, coral gables real estate, coral gables real estate agent, harmony and homes, Market Trends, miami real estate, real estate market, South Miami, South Miami Homes and Living, south miami real estate, south miami real estate agent, Will mortgage rates decrease

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Eric Firestone
Realtor, Miami Board of Directors

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