Real Estate Trends 2022: What You Need to Know
Real Estate Trend #1: Slim Pickings for Home Buyers
Okay, this is probably the hardest real estate trend to swallow—so brace yourself: Inventory is incredibly low! Inventory (aka the total number of unsold houses) was down just over 16% in November 2021 compared to the previous year.
That’s partly because a ton of people are looking to buy right now. It’s also because fewer sellers are listing their houses for sale. However you slice it, there just weren’t many houses for sale over the year, so it was harder to meet buyer demand.
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