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March 2022 U.S. Real Estate News Recap

+ Are home prices going to crash? Some experts predict a correction looming in the housing market.

+ Homes earned more for owners than their jobs last year. The typical U.S. home value rose 19.6% to $321,634, an increase of $52,667. This is slightly higher than what the median full-time worker in the U.S. earned — roughly $50K.

+ Housing market prices are reaching “exuberance” where prices are increasingly out of sync with fundamentals. If a bubble is looming, researchers don’t expect it to impact homeowners or the economy as much as in the last housing crash.

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