Housing was one of the strongest sectors of the economy for 2021 but rising interest rates and inflation are causing many to wonder if sales will continue as strong in 2022. So, should you buy a home or wait it out?

Lawrence Yun, chief economist for the National Association of REALTORS, believes the number of home sales will decline in 2022 but will still outpace pre-pandemic levels, based on continuing demand from homebuyers. More inventory is becoming available from home builders and from homeowners who will no longer receive loan forbearance and may decide to sell their homes instead.

With a busy real estate market nearly everywhere across the globe, many real estate professionals and market watchers are predicting a slight easing of inventory shortages and price increases. But don’t expect a full buyer’s market anytime soon. With people increasingly working remotely at least a few days a week, being comfortable where they live (and sometimes work) is more important than ever, and many are willing to make big moves to live where they really want to – in a home they love. In this report we look at buyers’ changing priorities and tastes, inventory and material supply issues, and we explore which parts of the world are showing lots of growth – from Dallas to Dubai and almost everywhere in between. ✈️🌎 We invite you to read the full report and feel free to contact one of our agents with any questions or real estate needs.

Berkshire Hathaway HomeServices, a global residential real estate brokerage franchise network, has announced that it has expanded its network’s presence in Idaho with the opening of our new brokerage, Berkshire Hathaway HomeServices Silverhawk Realty East Idaho. This addition marks the brand’s continued growth in the state and its ninth brokerage in Idaho. Our Idaho Falls-based office will operate as a partner company of the Boise Valley's Berkshire Hathaway HomeServices Silverhawk Realty, owned by Tracy Kasper. “I look forward to working closely with Tracy and our dynamic team to create a culture in Idaho Falls that elevates the local real estate industry to a new standard,” said Julie Anglesey, Broker and Co-Owner.