In 2021, the housing market experienced a record-setting boom. According to the National Association of Realtors, home sales are the best in 15 years. Given the positive correlation between housing demand and low interest rates, sales were at an all-time high.
While sellers have enjoyed 2021's hot market, some buyers are now wondering if 2022 will be a more economical year to purchase a home. Ultimately, the decision to invest in a property is up to the buyer. Here are some things to consider before entering into a real estate transaction.
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