The pandemic has created a work-at-home and school-at-home situation that has made our houses feel smaller, or at least less functional. However, homeowners looking to upgrade their space are learning that their choices are fewer because there just aren’t many houses on the market.
Whether you work in real estate or are interested in buying or selling a home in the upcoming year, it’s important to understand both the current and the projected states of the housing market. Here are some real estate trends to keep an eye on for 2021.
If you’re a homeowner who’s trying to sell their home during the ongoing COVID-19 pandemic, you’re in a tricky position. How can you make your home available for potential buyers to view when many states are still on stay at home orders and you have nowhere to go? Finding a place to escape to with so many restrictions is further complicated by remote work schedules, remote learning requirements, and budget concerns.
The five homes scheduled to be built will be listed for sale as soon as construction begins in the spring of 2021. The homes will be sold on a first-come, first-served basis to buyers who: Earn less than $105,600 annually and Complete one of two Homebuyer Education Courses.
It’s been a couple of weeks since we last checked out what’s going on in the markets and a lot has happened, but real estate agents can be thankful they’re not stock traders on a wild ride right now. The housing market just keeps humming along. Let’s find out what happened.
The Federal Reserve concluded its January meeting this past Wednesday. They kept short-term rates where they are right now, but that much was expected. The difference is in the details.