Real Estate Market Update : 𝙒𝙝𝙖𝙩 𝙄𝙨 𝘾𝙤𝙧𝙚𝙇𝙤𝙜𝙞𝙘 ? ?

4️⃣ predictions for the real estate market in the U.S. in 2021 from CoreLogic’s chief economics. What is CoreLogic you may ask and why are his predictions important to consider ❓ Hi, I’m Natasha Carroll with Natasha Carroll Realty. I’ve been selling real estate in Houston, Cypress, and Katy, Texas for 10 plus years. I trust CoreLogic because CoreLogic is a leading provider to the government and business of analytics of financial and property data. So in my opinion, their predictions hold their weight in goal because it is based on data and on facts. 

Prediction number 1️⃣, 𝙬𝙚 𝙬𝙞𝙡𝙡 𝙘𝙤𝙣𝙩𝙞𝙣𝙪𝙚 𝙩𝙤 𝙝𝙖𝙫𝙚 𝙡𝙤𝙬 𝙞𝙣𝙩𝙚𝙧𝙚𝙨𝙩 𝙧𝙖𝙩𝙚𝙨 𝙩𝙝𝙧𝙤𝙪𝙜𝙝𝙤𝙪𝙩 2021. They are at a record low right now. He believes the federal reserve will continue to promote low interest rates throughout 2021. Right now fixed-rate more 30 year mortgages are averaging 2.7% nationwide, which is a record low. Their forecast on average for interest rates for the year as a whole will be 2.9%. This year will be the first year ever that 30 year fixed-rate mortgages have average less than 3%. He also predicts these low interest rate levels will go into 2022. Be sure to search our YouTube channel for all four predictions for 2021. Natasha Caroll here, reach out to us at any time if you have any questions. We’re always here to help.