Real Estate Market Trends 2021 and Beyond

Real Estate Market Trends 2021 and Beyond

Remember when you could look at a couple homes over the course of a week or two and make a decision? That isn’t the case anymore. If you have been in the market to buy or sell your home this summer, you know homes are selling as quickly as they are listed. There’s nothing more defeating then writing countless offers just to get beat out. Clients ask all the time, when do you think this market is going to settle down?

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How is COVID Affecting the Real Estate Market?

How is COVID Affecting the Real Estate Market?

If you have been in the market to buy or sell your home, you know the market has been crazy. No one was quite sure how real estate would be affected by the pandemic when things opened up this spring. Sales for both existing and new homes hit their highest mark in August since 2006. Existing home sales are up 10.5% while new home sales are up 43.2% from a year ago.

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