Has the Bubble Popped or Just Deflated? What To Expect in Real Estate Trends Through the End of the Year

Has the Bubble Popped or Just Deflated? What To Expect in Real Estate Trends Through the End of the Year

Over the past two years, it seems like everyone has been talking about the state of the housing market. Economic crises like the COVID-19 pandemic, the war in Ukraine, and a global recession on the horizon make the foreseeable future look uncertain. Will the housing bubble pop?

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Should You Sell in December?

As many people decide to hold off until the new year to list their property, you may gain from a great window in a seller’s market – there will be far fewer homes available for potential buyers to view, which means you may be able to command a premium for your property, especially if you get several viewers interested in starting the new year in a new home.

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Realtor.com® Housing Forecast: Sellers to Maintain the Market Advantage

The 2020 housing market was full of surprises. Despite a health pandemic impacting nearly all segments of everyday life, real estate was resilient. Realtor.com® recently released its 2021 housing forecast, predicting that inventory will make a slow and steady comeback, providing buyers with much-needed relief. However, increasing interest rates and prices will continue to pose a challenge on affordability throughout the year.

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Market Recovery Survey: Buyers Making Their Way Back

The real estate rebound is coming as buyers continue making their way back onto the market, according to the recently released 2020 Market Recovery Survey from the National Association of REALTORS® (NAR). The survey, which received over 2,000 responses from REALTORS®, shows that market recovery is happening at this very moment. Of those surveyed, 92 percent said their buyers have either already returned to the market or they never left.

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2020 Housing Market: What the Experts Think

By Suzanne De Vita

Balance.  

Everyone felt it at the start of the year—conditions leveling, the market yin and yanging. About half of Power Brokers sensed it, too—that the current cycle's ending, and a different dynamic's emerging. Now, with two months left in 2019, the consensus is similar…but certain factors remain unclear.  

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