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REAL ESTATE UPDATES FEBRUARY 2021
Here's what to expect in 2021 in real estate news. Whether you’re selling, buying or staying put, here's a roundup of the latest.
BUYER TIPS
Here are some tips on how to win a bidding war:
– Know how much you can afford
– Get pre-approved
– Increase your down payment or earnest money
– Offer a higher price
– Consider waiving contingencies
– Be prepared to move quickly
– Be flexible
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"The 2021 housing market will be much more 'normal' than the wild swings we saw in 2020. Buyers may finally have a better selection of homes to choose from later in the year, but will face a renewed challenge of affordability as prices stay high and mortgage rates rise."
-Realtor.com's Chief Economist Danielle Hale
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