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You are here: Home / Real Estate / A tough spring for home buyers?

A tough spring for home buyers?

March 3, 2022 By Geoffrey Disch Leave a Comment

According to economists from Moody’s Analytics, the coming spring 2022 will be very difficult for home buyers. Inventory will continue to be low and continue to decline. Moreover, mortgage rates are expected to rise.

Some say that it could take up to four or five years for inventory to rise enough to meet demand.

The one bit of good news in the short-term is that rising interest rates may knock some would-be buyers out of the market, making for a bit less competition.

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Filed Under: Real Estate Tagged With: spring 2022

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“I’ve been in this industry for over 20 years. I have seen both fantastic and just “ok” escrow officers. The Escrow Officer and her team are typically the last stop for a borrower during the purchase or refinance transaction. You want that person and team to be personable, professional and helpful to your client. Kathy and her team at Green Escrow has surpassed my expectations. The team has gone the extra mile to ensure my file closed on time and without incident. I’m looking forward to continued success with Green Escrow.””
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