Find Out What The Future Of The Market Will Be In 2021 And 2022

By
Mortgage and Lending with American Financial Network NMLS #196099

Let's see what industry leaders in mortgage and realty are saying about the second half of 2021, and the first half of 2022:

realtor.com

“. . . homes continue to sell quickly in what’s normally the fastest-moving time of the year. This is in contrast with 2020 when homes sold slower in the spring and fastest in September and October. While we expect fall to be competitive, this year’s seasonal pattern is likely to be more normal, with homes selling fastest from roughly now until mid-summer.”

National Association of Realtors (NAR)

Sellers who have been hesitant to list homes as part of their personal health safety precautions may be more encouraged to list and show their homes with a population mostly vaccinated by the mid-year.”

Danielle Hale, Chief Economist at realtor.com

“Surveys showed that seller confidence continued to rise in April. Extra confidence plus our recent survey finding that more homeowners than normal are planning to list their homes for sale in the next 12 months suggest that while we may not see an end to the sellers’ market, we might see the intensity of the competition diminish as buyers have more options to choose from.”

Freddie Mac

We forecast that mortgage rates will continue to rise through the end of next year. We estimate the 30-year fixed mortgage rate will average 3.4% in the fourth quarter of 2021, rising to 3.8% in the fourth quarter of 2022.”

Markita Woods, Queen of Mortgages
NMLS#196099
American Financial Network Corporation
3002 Old Bridge Road, Suite A
Woodbridge, Virginia  22192
Text or call 703-677-1120
Specializing in move-up buyers, first time buyers, relocations, and refinances.
#QueenOfMortgages

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