As we begin 2021, we leave behind a year that brought us many challenges. Looking forward, there is great optimism. Our local real estate market continues to thrive. The Robin Allen Group remains committed to delivering their well-recognized concierge level of service to each of their clients.
As vaccinations begin to roll out, everyone is starting to wonder what the housing market will look like for the Spring. Well, here are a few predictions:
1. (As we see in the above image) The seller’s market will reign, and the market will continue to remain hot. Buyers who have been waiting to move are ready now more than ever.
2. The continuous migration to the suburbs continues. People want more space and they want out of crowded cities. No one truly know what the future will look like and if there happens to be another relapse, buyers want to be prepared this time. They want that sense of “home” for potential school, gym, office closings.
3. 2021 is attempting to return to the traditional housing market curve (anticipating highs and lows), unlike the results we saw from the 2020 housing market.
If you or someone you know are hoping to buy or sell a home this year, Now is the time to start planning!
Interest rates remain at historic lows, inventory is extremely limited, and the new availability of the vaccine in the near future is spurring our local real estate market to heating up! Although the Spring Market traditionally begins in March, we are off to an early start.
If you are looking to sell your home this year, now is the time to start to prepare. Inventory is extremely low. There are more buyers than there are listings.
If you are looking to buy, getting an early start will be to your advantage.
Our company, William Raveis, has recently rolled out new innovated tools and services designed to help sell your home in the shortest period of time and for the highest price the market will bear. Our knowledge of the local market paired with our portfolio of products will give you the competitive edge when searching for your ideal home.