4 things to expect from the real estate market in 2022

1. Remote work opportunities are likely to kick start an early spring buying season as qualifying homeowners look for real estate more suited to this way of life. This could be further away from their current workplace and in more affordable areas. It could even mean a move towards the suburbs, although current trends indicate that buyers are likely to look for a new home in the same metro area. 
2. On the other hand, regions that may have been less popular previously – but now are more viable because of the remote working trend – could see house prices increasing due to demand. This doesn’t mean that city living is less desirable in general. There will still be demand in sought-after neighborhoods.
3. What’s more, first-time buyers are expected to take advantage of the opportunities to buy in more affordable areas further out. The mean age for buyers in this category in the US is 30, but you could find interest among former tenants in their late 20s looking to take a step up in the market.
4. Also, house risk linked to climate change is important to note. New buyers will want to know what the fire and flood risks are in the locations that interest them. Natural disasters are happening more often and this can impact insurance and mortgage rates.