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Redfin’s forecast expects price growth to slow to an annual rate of 7% by the end of 2022.
Redfin surveys find 77% of homebuyers believe there's a housing price bubble, but Redfin economist says it's only a 'ripple.'
Overall, rents are up more than 30% in many major metropolitan areas.
Lack of inventory cited as December 2021 home sales fall 3.6% from November and 11% from last year.
Company says January is shaping up to be the most competitive month in housing history.
Homebuyer demand is following the typical season patterns, starting slow as the year winds down.
