Endless stories about rising prices and highly competitive bidding gave many buyers pause over the last year. Is it still wise to wait for the market to cool in 2022?

Increased housing inventory is expected to help reduce recent cutthroat competition. Housing demand is also expected to ease somewhat thanks to many buyers who have stepped out of the market during this time of frenzied bidding wars. The combination of these dynamics could make it a bit easier for buyers who’ve been waiting out the market to make their move.

If you want to buy a new home this year, start planning now by getting your house ready to list, talking with your real estate agent and locking down your financing.

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