Spring is here, and with it comes home buying season. If you’re in real estate, it’s about to get really interesting. There are also some unique challenges you and your buyers might be confronting in the market now. Let’s get to what you need to know.
The Federal Reserve kept things fairly status quo in their most recent statement at the conclusion of a 2-day meeting of the Federal Open Market Committee. Moreover, at least in terms of short-term rates, there are no plans to stray in the near future.
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.
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.
When you sell a home in the spring and summer, you have nice weather, longer days, sunshine and the impending school year to motivate buyers. When you sell a home in the winter, there are a lot more factors working against you, like shorter days, dreary skies, snow and freezing temps.