2022 Real Estate Predictions From The #1 Team
It is hard to believe that another great year is almost over! We are thankful for our phenomenal team and all of our clients who have stuck by us and trusted in us throughout 2021.
After the 2020 COVID-19 pandemic, 2021’s real estate predictions were unclear; we were unsure of how the market would react. We are grateful for our clients who made 2021 so successful through all of the uncertainty.
According to experts, the 2022 predictions are on a more ‘normalized’ scale in terms of the real estate market! Mark Spain Real Estate is the most trusted name in real estate after serving clients for over 25 years, and 2022 real estate predictions are important in planning how we will have another record year.
Looking to buy or sell your home in the coming year? Contact us to start the process today!
2022 Real Estate Predictions
2022 is right around the corner, and we hope we were able to successfully serve you under 2021’s circumstances or that you plan to utilize our services in the near future. In order to effectively serve our clients next year, we are researching the 2021 real estate market so that we remain informed to ensure that we continue to serve our clients in receiving an unparalleled client experience!
Good news – the market will remain hot, and our team at Mark Spain Real Estate is ready to take on whatever 2022 has in store. Demand will continue to be motivated by low mortgage rates and demographics. Take into consideration that the largest cohort of millennials is now approaching the prime age for first-time homeownership.
Every 2022 forecast model Fortune has reviewed anticipates that price growth will slow down next year. The projected growth range throughout these forecasts varies, however. CoreLogic, a Fortune 1000 real estate data firm, went so far as to downgrade its price growth estimate for the coming 12 months, going from 2.2% to 1.9%. Zillow, however, projected a 13.6% price growth in the next 12 months.
We may still see the ongoing effects of pandemic implications, such as a boom in home buying due to many employees now having the opportunity to work from home. Also, because of health concerns, city natives are now looking for more spacious residences in areas with lower population density.
The number of homes available for purchase is expected to increase as the rate of sales are expected to moderate. Such conditions will result in a more favorable housing market with a balance between sellers and buyers in the coming year.
Trusting Mark Spain Real Estate to buy or sell in 2022
Mark Spain Real Estate is grateful to have earned more 5-star reviews than any other real estate company in the United States. In June, Mark Spain Real Estate was honored to be named the No. 1 sales team in America for an unprecedented fourth consecutive year on The Thousand Top Real Estate Professionals, a national ranking based on annual gross sales production. The list is compiled by Real Trends and The Wall Street Journal.
We have also remained on the Inc. 5000 list of fastest-growing private companies in America for the sixth consecutive year. Our mobile site design was named the No. 1 Mobile Website in real estate by REAL Trends in 2019 and 2020. MarkSpain.com also earned recognition as a Top 10 Overall Website in 2019 and 2020. We have also been honored in 2017, 2018, 2020, and 2021 as one of the Atlanta Journal-Constitution’s Top Workplaces. Further, we have earned the Atlanta Business Chronicle Pacesetter Award over the last five years, as one of metro Atlanta’s 100 top, fastest-growing, privately held companies. Mark Spain Real Estate made its fourth appearance on Atlanta’s Top 25 Real Estate Companies annual list in 2021 and made its second appearance on similar lists in both Charlotte and Raleigh.
As a company leader with cutting-edge ideas, such as our popular Guaranteed Offer Program and innovative and award-winning website, Mark Spain was honored in February as a 2021 Real Estate Newsmaker. Compiled by RISMedia, a leading residential real estate industry information provider, the Newsmakers list includes nearly 300 industry professionals and Spain was named one of the Trailblazers/Agents of Change.
We had a record sales year again in 2020, with more than $1.4 billion in gross sales volume, a 46.5% increase year-over-year. In line with its core value of leading with a servant’s heart, Mark Spain Real Estate’s 2021 partnerships with charitable causes in Atlanta, Nashville, Charlotte, and Raleigh resulted in nearly a half-million dollars raised for charity.
Mark Spain Real Estate is here to help you make smart and informed real estate decisions. Contact us today to get started.
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