Monthly Archives: December 2020
Why It’s Important to Price Your House Right Today
Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year. Danielle Hale, Chief Economist for realtor.com, notes:... Read More
2021 Housing Forecast
Experts forecast an optimistic year for the housing market. Mortgage rates are projected to remain at or near 3% in 2021, fueling stronger buyer activity. 2021 Projected Rates: Fannie Mae: 2.8% Freddie Mac: 3% MBA: 3-3.3% NAR: 2.9-3.2$ Home sales are forecasted to increase in 2021 while interest rates remain low. Home prices are also... Read More