Northeast Wisconsin Housing Market Update & US Housing Market projections

For those of us in the Oshkosh, Appleton and Fond du Lac area, here is a quick snapshot of some of the Wisconsin housing market activity for the last two weeks of 2021.  As you can see 1/3 of the homes that went on the market between December 20 and December 31, 2021 went under contract in that same two week period. This continues to indicate that we are in a strong seller's market and buyer demand is high and ACTIVE.

Over the last few weeks we've been sharing some short form videos about what is being predicted for 2022 in the housing market. The links to those videos are below. We've also touched on inflation and the impact to renters.  The graphic below shows the predictions for the 2022 US Housing Market.

• Will the housing market crash?  Not likely! None of us has a crystal ball, but the housing market is typically very resilient to changes in the economy.
  
  
• Will home prices drop in 2022?  Also not likely.  Homes rarely depreciate.  The rate of appreciation due to the low inventory (driving up demand) will likely slow down in 2022, but home will not go down in value.

Market projections are never 100 percent accurate, but the experts in real estate studying this information have mostly agreed on what to expect.  Northeast Wisconsin is much more conservative than many other parts of the country, but we do typically follow the same trends.

Let us know how our team can help you make sense of the predictions for your personal situation in 2022!

Our Buyer & Seller Playlists on Youtube:

Freedom Team Buyers Series Playlist

Freedom Team Sellers Series Playlist

Freedom Team Real Estate Agents serving Appleton, Neenah, Oshkosh, Fond du lac and surrounding areas in Wisconsin.  Check us out at www.joinfreedomteam.com or by calling us at 920-410-7230 today.