As home inspectors, the Kenco Home Inspection team is on the front lines of the housing real estate market. We work with many clients in the process of buying or selling their homes. Therefore, we think keeping tabs on the ever-changing house market is essential.

As we enter year three of the pandemic, market predictions for 2022 show continued strength in the housing market. While exact predictions vary, experts do not see signs of a market crash or depreciation of prices.

Both elevated demand and increased home prices link to reduced interest rates and reductions in supply. One reason for the low supply is government restrictions on foreclosures and mortgage protections for buyers. These programs have ended or will end soon. Many people now wonder if fewer protections will lead to an influx of foreclosures.