Homebuying Trends You’ll See in 2021

by | Mar 5, 2021

One of the industries most affected since the pandemic hit has been the real estate market.  It’s been booming since early 2020 and is expected to continue through 2021.

There are three major trends expected to stay strong through 2021:  Homes selling at record setting paces, changes in budget and high home sale prices and people moving out of the city for lower home prices and lower taxes.

The market is on fire, homes sales are way up and time on the market is way down.  If you’re in the market to buy a home you’ll have to act fast when you see the home that is right for you.  Being in the midst of a pandemic and high unemployment rates, many homebuyers have had to lower their budget some due to job and income uncertainties.  People are also moving out of the city, as employers are allowing ones to work from home, therefore people are moving to cheaper suburbs.

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