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The 2021 housing market was raging hot as supply-demand imbalances and pandemic-induced factors contributed to another year for the record books in real estate. With 2022 now in full swing, there are many questions and predictions circulating about what real estate professionals can expect out of the market, now that mortgage rates are climbing along with price tags.

In another sign of historically unprecedented growth in real estate, a new report from Zillow found that U.S. housing stock added $6.9 trillion in value in 2021—a single year record—fueled by runaway home appreciation and pandemic-driven new construction.

Home prices rose nationally from the end of November 2021 to the end of December 2021 at an annualized rate of 15.9%, and December 2021 marked the tenth consecutive month in which month-over-month home prices rose more than 10% on an annualized basis, according to Radian Home Price Index (HPI) data released this week.

Berkshire Hathaway HomeServices has announced its further expansion in the Southeast with the addition of Berkshire Hathaway HomeServices Elite Properties in North Carolina. This marks the brand’s 23rd franchised office location in the state, the company said.

The brokerage, owned and operated by local industry veterans, Kathleen and Jim Rebhan, specializes in residential and commercial real estate, relocation services, property management, corporate homes, REO and short-sale transactions.

E.E. Ward Moving & Storage Co. recently announced that it has expanded its operations to the Carolinas with new offices in Charlotte and Raleigh. In addition, as the country prepares to celebrate Black History Month, E.E. Ward Moving & Storage Company—recognized by the U.S. Department of Commerce as the oldest continuously Black-owned and operated business in the United States—will be the first Black-owned agent to receive the North American Van Lines Agent of the Year award, the company stated.