Sarah Cuff Real Estate

Christy Budnick, CEO of Berkshire Hathaway HomeServices outlines the residential real estate market as it stands in 2022 for the first quarter. While it’s still early in the year, the U.S. real estate market remains tight and mortgage rates are playing a pivotal role as the year unfolds. The market continues to be characterized by low inventory and persistent strong demand, resulting in months of inventory continuing to drop to an all-time low.