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Housing Market Forecast
As I mentioned in the video, I believe 2021 is going to be a tough year for buying real estate as I believe that supply will continue to remain low in the big scheme of things and buyer demand will continue to thrive. I don’t expect a housing crash or a foreclosure wave to change the supply enough to change from a sellers market to a buyers market.
With that said, it’s going to be tough for buyers in those markets with low supply that don’t have a lot of money to put down, like on an fha loan or va loan because in a lot of cases, you’re likely going to be up against buyers with larger down payments, etc…but remember that all real estate is local so this might not apply to everyone but the idea is to give you real expectations of what to expect.
Are you considering buying a house in 2021 and want more information about how to get your offer accept in 2021 or how to stand out when presenting your offer? If so, let’s chat 👇
Jeb Smith (Huntington Beach Realtor/orange county real estate)
DRE #01407449
Coldwell Banker Realty
I N S T A G R A M ➳ https://www.instagram.com/jebsmith
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Other videos you may find helpful👇:
➜➜Will the Housing Market Crash under BIDEN? – https://youtu.be/cjTF1TzD_Dw
➜➜2021 Housing Market Predictions for Buyers and Sellers – https://youtu.be/7ZptKEM7icA
➜➜Housing Market Forecast 2021 – https://youtu.be/qGxYM_7hj2E
➜➜Dangers of Mortgage Forbearance Explained – https://youtu.be/3jOKYExZhts
➜➜Why a Housing Crash Isn’t Likely In 2021 – Housing Market Update – https://youtu.be/UgWK5Kte6EQ
➜➜Foreclosures and Evictions Extended Again – https://youtu.be/SAhMUlMw3oQ
➜➜HOUSING MARKET CRASH IN 2021 IS A JOKE – NEW HOUSING UPDATE – https://youtu.be/_yMNZaD5WEE
➜➜Mortgage Rates Update and Housing Market 2021 Forecast – https://youtu.be/ggfjpKVGXlg
➜➜What does a BIDEN Housing Market look like – Housing Market 2021 Forecast – https://youtu.be/p7-rh12p2eE
➜➜Buying Real Estate in a CRAZY Market – Housing Market 2020 Real Estate Market Update – https://youtu.be/WLH0UlGmD9U
#firsttimehomebuyer #housing #realestate