Market Update

More Housing Predictions for 2021

     
More Housing Predictions for 2021

With the new year comes a flurry of forecasts and predictions about the mortgage and housing market. In today’s update, let’s look at a few of the outlooks reporting strong expectations for 2021. As reported by Yahoo: 

1. Home prices will go up

In 2020, median listing prices grew 13.3%, according to Realtor.com. Experts forecast prices will stay on this upward track.

“As we wrapped up 2020, housing demand continued to be strong, and asking prices continued to post double-digit percent gains over last year, suggesting additional increases are ahead for the Case-Shiller Index,” said Danielle Hale, chief economist at Realtor.com.

Continue reading More Housing Predictions for 2021 at Movement Mortgage Blog.

About the authors

Looking to change the home buying process for the better, the Humes Team is here for all of your mortgage needs. No loan is too big or too small. We believe one should treat others as expected to be treated. We pride ourselves in honesty paired with communication to deliver A1 service with great results.

Meet the team

About Movement Mortgage

Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

Learn more about movement