The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the
2021 Housing Forecast
Dated: December 18 2020
- Experts project an optimistic year for the 2021 housing market.
- With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices.
- Let’s connect today to determine how to make your best move in the new year.
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If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices;
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the