The real estate trends for 2022

The real estate market of 2021 was like a lightning-fast roller coaster ride for buyers - a ride full of twists, turns and reverse loops. While the wild ride isn't over yet (sellers still have an advantage heading into 2022), the market may be easing up a bit for first-time buyers, according to real estate experts. Also read our blog post on 'what will change in real estate - and more specifically in Flanders - in 2022'. So what are the real estate trends for 2022? The American website 'Apartment Therapy' lists 8 trends that will shape the housing market in 2022 according to analysts:

1. Mental health spaces and amenities will abound. Think bathrooms with a stand-alone tub or a gym. 

2. Housing affordability is still in question. Interest rates may be low, but prices are still going up. 

3. Prospects for buyers may be improving, but it remains a seller's market.

4. First-time buyers are more likely to buy a 'second home' than a first home. These 'second homes' are often somewhat smaller and are located further from the city, which makes them somewhat cheaper. 

5. Buying a starter home can be more affordable than renting in some markets. This depends on the location. In Belgium, we see that starters rent for longer, because the prices of housing become more and more expensive. 

6. The demand for more space (inside and outside) will continue.

7. Buyers make compromises and know they will not find their dream home quickly. 

8. Buying a house also takes time. 

With these trends in mind, estate agents and mortgage experts have passed on their best tips for first-time buyers on the housing market.  You can read these tips by clicking on the button below. 

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