Will Home Prices Come Down in 2022?

Home values are up on a national level, and if they're out of your price range, you may be banking on them dropping in the course of the year. But if things take a turn for the worse as far as the economy is concerned, then sellers might continue to hold off on listing their homes, thereby perpetuating the inventory shortage buyers have been grappling with for many months and keeping prices where they are. On the other hand, if you spend the better part of 2022 socking money away for a down payment on a home and taking steps to make yourself a great mortgage candidate, then you may find you're able to purchase a home later on in the year, whether prices come down or not.

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