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
2021 is definitely a great year for home sellers. Everything seems to be going their way. Homes are selling for well over the listed price and are usually only on the market for a few days. But there are still things sellers need to be aware of in this kind of whirlwind real estate market.
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
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
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
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
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