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What’s next for housing in 2021?

Housing Wire

As we look ahead to 2021, we remember that this year, the housing market has continued to remain a bright spot in the economy, even as other areas continue to struggle amid stay-at-home orders and economic shutdowns. Now, economists are focusing their sights on 2021, and forecasts are more difficult than ever to create.

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Housing market outlook for 2021…and beyond

Housing Wire

With it behind us, let’s look ahead at several housing market trends that are likely in 2021 and beyond. This should ensure that initial rates on ARMs will remain low, and we also expect 30-year fixed-rate loans to remain below 3% during early 2021 and average about 3.1% 2020 was a truly unprecedented year. during the next two years.

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The housing market outlook for 2021

Housing Wire

The nature of the crisis this year and headed into 2021 because of the ongoing COVID-19 pandemic has emphasized that fact. Get $75 off your initial membership with coupon code “intro75” The post The housing market outlook for 2021 appeared first on HousingWire. There is no place like home.

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Study: 24% of sellers received four or more offers in 2021

Housing Wire

home sellers received four or more offers on their home in 2021, according to Zillow’s latest consumer housing trends report. The rise in the number of homes that received multiple offers is reflected in the increased frequency of bidding wars in 2021. Nearly one quarter of U.S.

Sellers 545
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Fannie Mae increases 2021 economic growth forecast

Housing Wire

in 2021, an increase of 0.8 in 2021, with the monthly pace slowing throughout the year. trillion in 2021, up from the projected $1.6 trillion in 2021, down from a projected all-time high of $2.8 Managing Credit Risk in 2021 and Beyond. in 2021 and 3.2% trillion for 2021, but it also projected $1.8

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The 2021 housing market recap by Logan Mohtashami

Housing Wire

What a year 2021 has been. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. ” Not in my western 2021 world!

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For 2021 housing data, context is key

Housing Wire

2021 was supposed to be different. Since 2020 was by no measures typical, including for the housing market, I provide here some considerations to take into account when interpreting the year-over-year purchase application data for 2021 that take into account how significant the effect of the COVID crisis was to this metric.