Realtor.com®’s 2021 housing forecast predicts record-high prices will continue rising in 2021 the market, delivering a blow to first-time buyers and those on a budget. Mortgage interest rates, which hit historic lows this year and helped fuel the go-go growth in U.S. housing markets, are also expected to tick up again, making monthly housing payments […]
Here comes the ‘Best’ Winter Sales Season in Years
Selling a home in winter is often a slow process. Since many home buyers traditionally hunker down as the temperature drops, particularly during the holidays, home sellers with real estate on the market typically see fewer buyers and lower offers. That’s your typical winter, but this winter is shaping up to be a whole different reality, even […]
Are Prices High because Rates are Low?
Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates. When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and soared to new heights. Paradoxically enough, one of the biggest drivers of the double-digit price hikes is […]
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