You'd be forgiven for gaining a case of whiplash moving from 2020 to 2021. Disaster—a seemingly closed economy, crashed supply chains, tight labor availability, and many millions out of work—turned into rising values, some hot sectors, and rising rents and increased stability by 2021.

Stepping into 2022 should be a good deal less jarring. And yet, there might be changes and surprises. Here's what experts see as coming up.

Capital Markets React to Rising Rates

"The starting point is values on everything that's either offered for sale or selling are at historic low yields or cap rates and historic high prices driven almost completely by long-term historically low interest rates," Stephen Bittel, founder and chairman of South Florida real estate firm Terranova Corporation, says. Money at under 3% over a five- to seven-year span has been widely available.