4 Predictions for the Real Estate Market for 2021

PART 1: 4 Predictions for the RE Market for 2021
Isabel Guzman:
Four predictions for the real estate market in the U.S. in 2021 from CoreLogic’s chief economist, but first, what is CoreLogic and why are these predictions important for all of us to consider?

Hi, I’m Isabel Guzman, realtor with eXp Realty. I’ve been selling real estate in New Braunfels Texas, zip code 78310 and in surrounding areas for several years now. I live, eat and breathe real estate. I trust CoreLogic because CoreLogic is a leading provider to the government and business analytics of financial and property data. So in my opinion, their predictions hold their weight in gold because it is based on data and facts.

Prediction number one. We will continue to have low interest rates throughout 2021. They are at record low right now. He believes that the Federal Reserve will continue to promote low interest rates throughout 2021. Right now fixed rate 30 year mortgages are averaging about 2.7% nationwide, which is a record low. Their forecast on average for interest rates for the year as a whole will be 2.9%. This will be the first year ever that 30 year fixed rate mortgages have averaged less than 3%. He also predicts these low interest rate levels will go into 2022. Be sure to search my YouTube channel for all four of these real estate predictions for 2021. And please show the love, subscribe to my YouTube channel and be sure to like my Facebook Business page. Feel free to reach out to me anytime. I’m always happy to help. I’m Isabel bringing you home.
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