09/09/2021
How Fast are Homes Flying off the Market in 2021?
If you’ve looked at homes recently or know someone who has, you’ve likely heard how fast homes are selling. In some areas, it’s not unusual for a home to sell within hours of being listed. But is that the case everywhere and will it continue?
Why are Homes Selling so Fast?
The pandemic showed most people that life is too short and most things can be done remotely, which means you could live anywhere you want. Once the official lockdown lifted, it was “game on” with millions of people moving to new areas.
🔸 With fewer homes for sale than buyers needed, the competition heated up and homes sold faster than anyone ever thought possible.
🔸 Another factor to consider is mortgage rates. Today they are the lowest we’ve seen in decades. That can’t continue forever, but experts say it will be at least for another year or two.
When rates go back up, it will push more buyers out of the market, which will bring home prices down again with the lower demand. The demand won’t go away, but it may lessen slightly.
It may seem harder to buy a home today, but with the right help, it can happen!
If you’re thinking about moving, contact me today and let me show you how I can help you find the best home at the right price.
561-310-7620
Www.karlacerasodreamproperties.com
