Here are my predictions for the 2021 market to help you plan your move.
Today I’m sharing my market predictions for 2021.
Many people have been asking me about interest rates, in particular. They can’t stay this low forever. In their simplest form, the rates are based on uncertainty in the real estate market. The more uncertainty there is, the lower rates will be; if everyone’s employed, there’s no pandemic, and all is well, then confidence increases and rates rise. Right now, the only thing that’s certain is that we’re in a state of uncertainty. Rates will fluctuate, but I predict that most of 2021 will be an excellent time to buy.
I believe rates will stay low, though maybe not as low as this year. Don’t be afraid of missing out, but don’t wait too long either. The market is hot these days; if you’re considering selling, you can get top dollar. If you’re thinking about buying, funds are the cheapest they’ve ever been, and you can buy more house for your money right now.
I anticipate that the market will stay hot with low rates and good inventory in 2021. We may not have copious amounts of inventory because people will continue to buy, but many opportunities will be available.
Call or email us if you have any questions or want us to help you qualify for a new home. We would love to help with your real estate goals.