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UPDATE MARKET REAL ESTATE!....2021!!
The Democrats’ sweep of Senate seats in Georgia completed the “Blue Wave” and added to expectations of increased economic stimulus in 2021, which could lead to rising rates.
Hi my name is Cindy Clarice, I’m with RE/MAX Platinum I work in the St. Charles, St. Louis, Lincoln County area. I help buyers and sellers in the surrounding cities, Crestwood, Winfield,
Cottleville so if this is your first time to this channel and you want to learn everything about living in the area and receive a weekly market update well then hit that subscribe button and ring that bell that way you are notified every time I do a new video. I literally get phone calls, texts and emails from people moving in the area. So set your appointment and I got your back moving in the area.
Private payrolls posted the first drop since April, as reported by ADP. Leisure and hospitality suffered the biggest losses, with most cuts coming from large businesses.
Last month’s Fed meeting minutes showed that markets will get plenty of notice before any cuts on bond purchases. The reassurance will help keep mortgage rates low.
Construction spending increased strongly in November, especially residential spending, boosted by a robust housing market and historically low mortgage rates.
The number of U.S. households is projected to grow by up to 12 million by 2028. Generation X and millennials are expected to drive most of the household formation.
The pandemic is influencing home design in ways that are likely to continue for years to come.
Trends include upgrading technology and using rooms for combined purposes.
Now lets see what is going on in the market near you, well in our market our inventory is super low and the move in ready houses that have been updated normally sell with multiple offers.
So buyers what is going to make your offer stand out amongst all the other offers. I know this sounds scary but most of the offers that are winning the bid are removing the inspection contingencies and removing the appraisal rider. I know it sounds scary but discuss with your lender how to keep yourself protected. Be smart with your home hunting experience and stay safe.
What Are The Economist Forecasting For The Housing Market in 2020? Is It Still a Sellers Market?
What Are the Economists Forecasting for the Housing Market? Is It Still A Good Time to Sell In 2020?
