Is the Real Estate Market Going to Last?
The top question that we get this time of year is, "what do you think the market will do [next year]?" so we have gathered data from some of the industry's top sources to help you understand what to expect in the new year.
Many factors are involved in developing a market forecast, including historic market trends and mortgage rate forecasts. This information helps us understand where we are currently and where we are likely headed.
Current data trends point towards a continued sellers' market, with many sellers preparing to enter the market in the near future.
This is good news for buyers AND sellers alike, since the low mortgage rate forecasts makes it a great time to buy, and the continued demand encourages potential sellers to make the move while demand is high.
It looks like a happy New Year forecast for the real estate market!
Do you know anyone looking to buy or sell a home in the New Year? Experience really does matter when it comes to real estate investments, so let us help you make the best move for you. Contact us today!