Where Will the Housing Market Go From Here?
There’s one big question on every prospective buyer and seller’s mind right now. Where’s the market headed for the rest of the year?
There’s no denying this has been a tumultuous year for our country. But unlike the last time we saw an economic downturn, real estate is set up to help us out of it, not into it.
However, the current imbalance between buyer demand and low inventory puts the market in a peculiar place. Without more homes coming to market, real estate can’t play its role in the economy.
The biggest piece that’s holding sellers back is the unknown. Without an idea of what’s ahead, people will continue to sit on their hands until they feel safe.
This is where you need to step up because your communities need reassurance now. Here are the 3 topics that will help them understand where the market is headed this year.