"ThTh Besfi Way tfl P edicfi Th FuturTh i tfl CreatTh Ifi " GAMBINO REALTORS HOM E GU I DE VOLUME THREE ISSUE ONE | 2022
Publisher: Gambino Realtors
Editor: Kathy Heeren-Ellis
- Abraham Lincoln Design: Sarah E. Diamond
I sure wish I had the ability to know for certain what the future holds. Can you imagine what kind of power that would be? All of your decisions today would be based on the fact that you already knew what the outcome would be. I sure wish I knew for certain what the real estate market will be like in 2022. I’ve prognosticated for many years, and like the weatherman, sometimes I’ve been right, and sometimes I’ve been off. The best any of us can do is make an educated guess based on past experience and current information. Using that method, my expectation is that 2022 will look a lot like 2021. In our market, there will be only minimal new construction activity which will drive almost all of the buyers toward existing homes. This lack of inventory will continue to drive up prices. Interest rates should remain low, although maybe not the historic lows that we’ve seen recently, but they will still be very attractive and allow you to buy more home at a lower payment. Is this the year you will create your future with a new home? That home you buy in the spring will likely be worth more by this time next year. Some day interest rates will get back to normal. Maybe this is the time to take advantage of what we know today. No one can predict the future, but by taking action, we can have a hand in shaping what it looks like for us. In other words, we can shape the future, or we can let it shape us.
Photo Editing: Derek Stone The Gambino Home Guide is a presentation of properties for sale in the Northern Illinois region. Since 1923, Gambino Realtors has navigated buyers and sellers through real estate transactions. www.GoGambino.com 3815 N. Mulford Road Rockford, IL 61114 815.282.2222 5330 Williams Drive Roscoe, IL 61073 815.623.3333
Jonathan R. Krause President Gambino Realtors www.GoGambino.com | 3
