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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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COVID-19 remains “wildcard” in 2021 housing market

Housing Wire

As 2020 comes to an end, realtor.com ’s economists believe that the housing inventory shortage won’t be as dire in 2021. The 2021 housing market will be much more ‘normal’ than the wild swings we saw in 2020,” said realtor.com’s Chief Economist Danielle Hale. However, it all depends on the course the COVID-19 pandemic takes.

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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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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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Homeowners gain $2.9 trillion in equity in Q2 2021

Housing Wire

trillion in equity in the second quarter of 2021, a 29.3% Meanwhile the Chicago- Naperville-Arlington Heights metro area had the largest share of negative equity for homeowners in Q2 2021, at 5.2%. As compared to the first quarter of 2021, the total number of mortgaged homes in negative equity in quarter two decreased by 12% to 1.2