Potential Buyers Are Riding 2022 Rollercoaster

Potential Buyers Are Riding 2022 Rollercoaster

Home buyers named mortgage rates as their top concern, according to a recent study released by HousingWire.com. But only 25% of them cited inflation as the 

reason they'd be "less likely"  or "far less likely" to buy a house. Additionally, respondents said the top two reasons they want to buy a house are needing more 

space and not wanting to rent. 

The Chief analyst at HousingWire.com added that many people regard buying a home as a smart hedge against inflation. In fact, the issue of paying rent demonstrates the 

economics of securing affordable housing. Most renters are not being subjected to minimal inflationary increases. More common are rents of $2000 increasing 

by $500-$600 per month, which can require a significant lifestyle change. 


Karin Waterschoot-Perez Headshot
Author:
Phone: 614-774-1741
Dated: June 30th 2022
Views: 107
About Karin: Executive Vice President of Sales Experienced Realtor, Karin Waterschoot-Perez, currently serves ...

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