While Omicron is likely going to have a significant short-term impact on the market, I am getting more convinced that 2022 will bring another year of material home price growth. Waiting for that price dip to find your Florida home seems riskier than ever.
Not surprisingly, COVID-19 has influenced our home buying preferences to include larger properties with more space from our neighbors. The infographic below with more details is from FloridaRealtors.
The National Association of Realtors created this great visual that shows how things have changed in the last 30 years.
Sorry, I don’t have one. That said, I am not sure even the best forecaster knows what next year will bring us in terms of changes in housing prices. I don’t recall ever going into a year where forecasts have been as varied as they are now (see below).
