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3 Reasons Why Top Economists Predict a Wave of New Listings are Coming

       

One question we always receive as REALTORS is - What's going to happen next? What's the crystal ball for where prices are going over the next 12 months? 

According to the NAR, Zelman, Realtor.com, Freddie Mac, CoreLogic, Fannie Mae and the Mortgage Bankers Association, the average of all those top industry insiders and economists within those groups, their prediction for the next 12 months is that we're going to see appreciation at 3.9%. You might think that sounds low. After all we just went through a year where we had double digit appreciation and in many markets we saw appreciation as high as 15-16% . Why would this group of economists predict such a low number when most of us would reasonably expect it to be double digits or high single digits (at the very least).  

The reason is I think those economists know something - When you have a low supply and high demand, what happens? Prices go up. When supply increases, it puts pressure on...

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75% of Americans Would Now Prefer to Work From Home (Even After Covid)

According to a new study conducted by Zillow 75% of Americans would prefer to work from home (even after covid-19 ends). The new normal may quickly become remote working situations which in turn will become a driver for home buyers. .
 
Check out this quick video on how you can use this information in your market to drive more conversations, market your listings more effectively, and build "standard" searches that highlights homes with an office, 4th bedroom, or even a den.
 

 
Ready to upgrade your real estate career with a system that you can plug into today that offers massive value and is led by one of the most successful Brokers in the country?
 
 
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