The real estate market is always changing and the summer/fall 2021 is sure to follow suit. Realtors share insights and give us a glimpse of what’s to come.
Today’s real estate market has been called many things, from being likened to the Wild West, it’s crazy, alarming, and insane. Realtors who participated in HomeLight’s 2021 Summer/Fall Top Agents Insight Report voice their concerns and highlight key factors that will shape the market during the second half of 2021.
High prices make buyers think twice
According to the survey, 54.4% of realtors have seen contracts fall through because buyers balked at the extremely high prices for homes. This is a problem even among rural and small town communities. 
Why does this happen? Right now, buyers probably have put in offers on a few houses and didn’t win the bid. So when they finally find a house and their offer is accepted, they’re thrilled! But when they sit back and crunch the numbers aga. ...

Serving in the armed forces is one of the most honorable experiences many men and
women can have. Being in the military comes with a lot of perks and benefits. One of
the most overlooked benefits by both Veterans and service members is buying a home
through a VA loan.

A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA)
issued by private lenders and available only to veterans, active-duty service members
and their eligible spouses.
Some of the advantages of buying a house through a VA loan are: low interest rates
and closing costs, $0 down payment, and the option to forgo private mortgage
insurance (pmi).
Additionally, the VA did not set a minimum credit score. However, having stellar credit
can help to attain rock bottom variable or fixed rates. For peace of mind, be sure to get
a free copy of your credit report and check for errors before applying. If you notice
anything suspicious in your report, you can hire a credit repair company to he. ...

While the COVID-19 pandemic wreaked havoc across the globe, and many states issued lockdowns for everything deemed nonessential, the real estate market came back strong in 2020. With the pandemic still affecting daily lives, you can expect to see it shape real estate in 2021; let’s take a look.


Industry preparedness
March 2020’s lockdown sent real estate transactions to a grinding halt, forcing all industry areas to rethink how they do business. In fact, much of the technology used during the pandemic existed but wasn’t widely adopted. With virtual tours, remote showings, and digital closings now the norm, the real estate industry shouldn’t be flipped on its head during a virus surge.


Remote work will encourage more moves
Many employers are expected to make many positions permanently remote in the coming months. With more companies embracing remote jobs, employees are free to choose where they want to reside without having to factor in commutes. . ...

Buying a home is an investment. And, like any investment, you want to make sure it's going to deliver a healthy return. According to recent projections, it looks like real estate is going to pay off in a major way in 2019. According to recent data from Zillow, the US Median Home Value is projected to grow a healthy 6.3% in 2019. So, if you were to purchase a home for $250,000 at the beginning of 2019 (in other words, now), that same home is projected to be worth $265,750—an increase of $15,750.

The Takeaway

Real estate is projected to provide some healthy returns in 2019, so if you've been thinking about investing in a new home, now is a great time to make a move.

  FOLLOW ME!!!    
  
   
      
   ...