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Rexanne Collins -Oxford MS Real Estate Agent
  • About Me
  • Blog
  • Oxford MS Real Estate Market Reports
  • Informational Real Estate Videos
    • VIDEO: FINDING THE RIGHT HOME WITH DREAM HOME POTENTIAl
    • Video: Top 4 Reasons to Own a Home
  • 3D Virtual Tours
    • 114 Lackey Dr. Calhoun City MS 38916 | Virtual Tour VIDEO
    • 3776 Hwy 32, Water Valley, MS 38965 | Virtual Tour VIDEO
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    • 121 Woodson St, Bruce MS 38915 | Virtual Tour VIDEO
  • Testimonials
  • Oxford MS Real Estate – Premium Marketing Services
    • Virtual Tours
  • Are You on Your Way to Divorce Court?
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Rexanne Collins -Oxford MS Real Estate Agent
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BuyersFor BuyersFor SellersMarket InsightOxford MS Real EstateSellersWater Valley MS Real Estate

Where do Housing Experts Think the Market is Heading?

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Rexanne Collins,05/25/2021


 

As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come.

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.”

Bottom Line

Experts are optimistic about the second half of the year. Let’s connect today to talk more about the conditions in our local market.

Rexanne Collins, Market Realty
Your Local Source for Real Estate

 

Call or Text: 662-586-1640

Off: 662-234-9900

 

"Because the right agent changes everything."

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Market Realty
307 W. Jackson Ave, Suite 1Oxford
MS 38655
662.586.1640
662.234.9900
RexanneSellsHomes@gmail.com

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