inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/07/kwslwhite.jpg
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/06/kwslwhite-2.jpg
  • Contact
  • About Debbie
  • Areas
  • Blog
  • Testimonials
  • Mortgage Calculator
  • Office listings
  • Mobile App
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/06/headshot.jpg
480-203-6566
robertsteamaz@gmail.com
Sign In
Sign Up
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/07/kwslwhite.jpg
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/06/kwslwhite-2.jpg
  • Contact
  • About Debbie
  • Areas
  • Blog
  • Testimonials
  • Mortgage Calculator
  • Office listings
  • Mobile App
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/07/kwslwhite.jpg
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/06/kwslwhite-2.jpg
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2021/01/blogimage1-7-2.jpg

Four Expert Views on the 2021 Housing Market

inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/06/headshot.jpg
Debbie Roberts,01/7/2021

housing market

The housing market was a shining star in 2020, fueling the
economic turnaround throughout the country. As we look forward to 2021, can we
expect real estate to continue showing such promise? Here’s what four experts
have to say about the year ahead.

Lawrence Yun, Chief Economist, National Association of
Realtors (NAR)

“In 2021, I think rates will be similar or modestly
higher, maybe 3%…So, mortgage rates will continue to be historically
favorable.”

Danielle Hale, Chief Economist, realtor.com

“We expect sales to grow 7 percent and prices to rise
another 5.7 percent on top of 2020’s already high levels.”

Robert Dietz, Senior Vice President and Chief Economist,
National Association of Home Builders (NAHB)

“With home builder confidence near record highs, we
expect continued gains for single-family construction, albeit at a lower growth
rate than in 2019. Some slowing of new home sales growth will occur due to the
fact that a growing share of sales has come from homes that have not started
construction. Nonetheless, buyer traffic will remain strong given favorable
demographics, a shifting geography of housing demand to lower-density markets
and historically low interest rates.”

Mark Fleming, Chief Economist, First American

“Mortgage rates are expected to remain low for the
foreseeable future and millennials will continue forming households, keeping
demand robust, even if income growth moderates. Despite the best intentions of
home builders to provide more housing supply, the big short in housing supply
will continue into 2021 and likely keep house price appreciation flying high.”

Bottom Line

Whether you’re ready to buy or sell a home in 2021, if
you’re planning to take advantage of the market this winter, let’s connect to
talk about the opportunities available in our local market.

 

Source: Real Estate with Keeping Current Matters

Print Details
Previous post
Next post
Did You Outgrow Your Home in 2020?
What Does 2021 Have in Store for Home Values?
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/06/square-2.png
inception-app-prod/MGE2YTBkMWQtOWI1ZC00YzEyLWJmYjQtYWYyMGQ5MmM2Nzcw/content/2020/06/square-3.png

Address

Keller Williams Realty Sonoran Living
5301 N. Pima Rd #130Scottsdale
AZ 85250

Consumer Protection & Privacy

  • DMCA Compliance
  • Accessibility
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.

© 2021 All rights reserved

Created with Placester

Sign in

Sign in with your email address

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Enter your email address

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Your password has been successfully reseted.
Go to the homepage
Sorry something went wrong
Please try again.
Try again
Send
Success! Your message was sent!
Thanks for your message, we will contact you soon.
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Please wait...

Account Verified!
You may now log in into your account
Go to the homepage
Error
Please try again.
Go to the homepage

Share this listing

Copy Link