Zillow’s REVISED Housing Market Predictions for 2022

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UPDATE!!! Zillow REVISED their housing market predictions for 2022. Will home prices fall in 2022 and will mortgage interest rates shoot up for the US real estate market? Are they predicting a housing crash or for new records to be broken? Will housing inventory eventually increase giving homebuyers more options which will entice more homeowners to list their houses for sale? Or will homebuyer demand remain strong and mortgage rates stay below 4%? Comment below with your housing market forecast.

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Compilation of Housing Market Forecast videos:

To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is 3.16% for the current mortgage rates (at the time of filming this video). This is mixed news if you’re a homebuyer right now or if you’re a homeowner looking to refinance.

Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?

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Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.

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#Zillow #housingmarket #realestate
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My Bold Housing Market Predictions for 2022:

Compilation of Housing Market Forecast videos:

Get Connected To a GREAT Real Estate Agent in Your Area:


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JasonWalter
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So let me get this straight, the company that is taking one of the greatest housing losses in history due to their own mistakes on forecasting the market is the company we should listen to now for forecasting the future housing market.
I tend to gather my predictions from people who have a track record of success not failure… why would anybody give any consideration towards what Zillow has to say about the future of the housing market.

danmoskwa
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Zillow's housing forecast is no better than the National Hurricane Center's next year's forecast on hurricanes (I live in Florida)

videogarage
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Looks Iike I’ll be renting an apartment for the rest of my life.

MichaelBrown-nyet
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I truly do not want Government over-reach. But Government needs to do something to help the first time homebuyers and stop the Big corporate investors, from or limit them in buying residential homes.

vencounter
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This is so depressing. Now California is giving free money to “cover” mortgages of those who don’t want to pay. Unbelievable. My tax paying dollars are going to help those who are already living freely. This is utterly ridiculous.

moditekke
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I trust Zillow in predicting the Real estate market as much as I trust the booster I just took to protect me from Omicron.

DabketaraB
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I agree, there is almost no inventory available and with interest rates still below 3.5% it's going to be tough spring market again unfortunately. Hopefully the interest rates ramp up sooner than later to stop the craziness going on.

jasonlucier
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MORTGAGE RATES is the key factor with the housing market prices. Have a great weekend, Jason!

sonnydacuse
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Rental hikes are going to make housing prices look like a walk in the park. Rents are skyrocketing as well.

buildingbuildercip
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So, a company holding hundreds of millions in assets which it publicly forecasts will appreciate 14.3% in one year is urgently dumping them. Yeah, that checks out.

InceRumul
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Isn't this exactly what you would say if you were trying to dump houses?

LajitasRain
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Was just told our rent will be raised a minimum of $650-$850 a month in WA. Been in the same rental for 6 years they raised the rent every renewal, now this & people wonder why millions are homeless.
This kind of increase should be illegal.

Lady-Carmakazi
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Thanks so much Jason for updating very useful housing info regularly

elizabethcostello
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While home prices are up much more than the historical norm, what people aren’t understanding is that inflation is VERY HIGH, and the Fed raising the FFR 3x by a measly .25% will do nothing to offset the damage being caused. Therefore, getting a loan, even at 4%, while inflation is closer to 10%, means you are getting free money every year. This is the calculus behind most purchases, and why demand isn’t letting up.

vshagoyan
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People are also buying up affordable homes, installing granite and upscale materials, then flipping for 50% to 100% over what they paid, also causing what little is on the market to be ludicrously expensive. The fact that we have around an 18% tariff on canadian lumber is crippling house starts too by pricing them out of the budgets of many. Everyone is too greedy and It is wearing on me.

BananasananaB
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Great synopsis, at the end there Jason…thanks for your updates.

buildingbuildercip
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Hmmmm might be in Zillow’s best interest to predict price increases since they own so much inventory themselves.

mnolanco
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Dude to Omnicron the rate increases will be minimal. As you said, maybe 1 next yr. The interest rate may go up to 3.5%.
The main issue is the supply chains will be even worse in 2022. This will make sure home construction is minimal, and the homes that are construction will have price increase for builders to make a profit.

Homes are going to keep going up in prices, and eventually Fredy and Fanny Mac wil have to provide 40 year loans.

btcsingh
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They have a lot of houses to sell of course they will say that

chikibusan