The housing market was one of the few bright spots in 2020. Which is a reminder that nothing is ever all bad. Many are looking forward to what 2021 will bring for real estate and if the trend will continue. And if we can expect the market to be flooded with foreclosures as homeowners begin to default on loans when their forbearance plan comes to … Continue reading What to expect from home prices in 2021?
We have several past posts that discuss right now being a great time to buy a home. Low interest rates are making it more affordable than it has been for a very long time. But do you really need the standard 20% for a down payment? You may need less than you think. In 2019 the median down payment was only 12% for ALL buyers. … Continue reading How much do you need for a down payment?
Home sales are at their peak during the spring and summer and have a tendency to slow down in the fall. But not this year! If you want to sell, the fall market might be the perfect time! Traditionally, the demand for buying new homes begins to wane come fall but not this year. With a selling season that got a late start combined with … Continue reading The fall real estate market is HOT this year
Demand is high and inventory is low. Why are so many buyers looking for homes right now? Read about the four key factors driving people into looking for a new home. If you’ve watched the news, then you know the real estate market is hot! But what’s driving this spike in demand? Before the current medical crisis, we returned home after work, after school, and … Continue reading What’s motivating buyers into looking for homes