Three Hot Topics Right Now in the Housing Market
If you are looking to buy or sell a home this year it is important to really make sure that you understand what is going on in the real estate market now. To make it easy we found three hot topics that are affecting buyers and sellers at this very moment.
- Technology
Over the past year we have seen a lot of innovation come into the real estate space. Things lie digital documentation, virtual tours, FaceTime and video chat all which open the door to make it even easier for buyers and sellers who aren’t local to the area to be able to do everything virtually without even seeing a home in person
- Remote Work
Working from home has become the reality for many individuals during the pandemic and because of that we have seen it strongly effecting the real estate market since many people are realizing that they can move or need a bigger home to accommodate working from home.
- Housing Supple and Affordability
For the limited supply of houses, we have seen that homes are still more affordable than they have been historically thanks to the low mortgage rates we have been seeing. Also, in the last couple of months we have been seeing a steady increase of homes coming onto the market, which will bring a lot more options for buyers.
All these things may be influencing the market but if you have a trusted real estate professional on your side you’ll be all right and above the competition.