In 2021, we saw the housing market do some crazy things. Inventory remained low, while buyers—both those moving to the DMV and relocating within it—remained high. Pricing reached unpredictable highs, and the competition for a ratified contract was unfathomable. The housing shortage is still going strong throughout the nation, but the market has shifted a
Exactly What to Look Out for If You’re a Buyer in 2021
So far, 2021 has been a very exciting time in the U.S. housing market. Buyers and sellers alike are taking advantage of this rare opportunity. While sellers are able to get top dollar for their homes and seeing incredible returns, buyers have access to historically low-interest rates which offset the higher asking prices and give
How to Tell If We’re Heading toward a Market Shift
For the better part of the last decade we’ve been in a seller’s market, and each year this seller’s market has gotten stronger. Even during the height of the COVID-19 pandemic in 2020, the U.S. real estate market reached record sale and sale price numbers despite the fact that the country was experiencing the worst
Selling and Buying: How to Easily Transition to Your Next Home in 2021
Unless you’ve been living under a rock for the past 12 months you’re well aware the U.S. is experiencing an extremely strong seller’s market. That is great for sellers, except for the fact that the majority of those sellers are also buyers. The truth is that the process of selling and buying can be a
3 Reasons Why the Real Estate Market May Shift in 2021
Though indications point to an even stronger market U.S. real estate market in 2021, and most experts agree this year will see growth in both home sales and prices, there are a few unknowns that may threaten this market. After all, the housing crisis of 2008 caught many people in and outside the industry off
Three Things Buyers Should Do To Compete In This Market
We all know that a strong seller’s market can be very frustrating for buyers. You can submit a perfect offer in a market like this and still lose out. Believe it or not, a buyer could win or lose in these situations way before they even submit that offer. So, today we’re going to discuss
4 Reasons Why the 2021 Real Estate Market May Be Even Stronger than 2020
It’s no secret that the 2020 real estate market was different than any the U.S. has ever seen. The strangest part of the year was how strong the market finished in Q4. As of the date of this article, that full-steam-ahead market isn’t showing signs of slowing. In examining how the 2021 U.S. real estate
2020 Market Recap. How Did COVID Affect the Real Estate Market?
2020 was quite a year. The world faced the most severe medical crisis in over a century, millions of people were left jobless, and we all had to adapt to a brand new way of life. In the midst of this whirlwind, the U.S. real estate market underwent some predictable and very unpredictable changes. Most
Is The New Construction Home Market Down Due to COVID-19?
The recent impact of the COVID-19 pandemic is being felt around the world. Construction and engineering projects are being affected in many ways. Since this type of crisis is new to everyone, adjusting to the COVID-19 marketplace has not been easy. The global impact of COVID-19 on the construction industry is expected to evolve as
How Has COVID-19 Changed the U.S. Housing Market?
When the threat of COVID-19 first hit the United States no one was sure what the impact on our housing market was going to be. The truth is that at the time this article is being written, we still don’t know how the market is going to look on the other side of this pandemic.
