We are expecting to see several events occur to change the housing market in Oxford. Here is our outlook for 2022. What is driving the housing market in Oxford? Hint: it's more than just the latest mortgage rates. Let's look back First, we need to begin in 2020. In March 2020, interest rate reduction allowed people to lower their respective payments through refi programs while also allowing people to borrow more money. The shutdown created less homes on the market due to supply chain bottlenecks, rising costs, and labor shortages. The small number of [...]