2021 is expected to be a huge year for those looking to sell their home.
The 2021 market will mainly be for sellers, but buyers will likely have more options to choose from when finding their dream home in 2021.
The upside of the 2021 market is the interest rates will remain the same, projected for several more months at least. And as home prices have risen – now is a great opportunity for sellers according to The Neighborhood Connection.
We anticipate the 2021 housing market will be much more normal than the wild swings we saw in 2020. There is a nice selection of homes to choose from but inventory is still lacking, which means 2021 could get you the highest sales price ever.
In fact, the chief economist at the National Association of Realtors, Lawrence Yun, predicts “it will be one of the best winter sales years ever.”