An In-Depth Look at Our April 2021 Real Estate Market
Here’s a detailed look at our current market and where it may be headed.
As we head further into spring, I wanted to bring you all the latest news and numbers for our real estate market. I’ll go over what’s happening now and what I think is going to happen over the next few months.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to skip to topics that interest you most:
0:40- A snapshot of year-over-year changes in key market metrics
1:27- An update on rising mortgage interest rates and what senior economists think about it
2:40- A look at housing inventory changes throughout the nation
4:00- Why new construction is lagging behind the market
6:05- What’s going on with cash-out refinances and home equity levels?
7:30- Recent statements about the market from the WSJ and NAR
9:40- Is this the same kind of market we saw before the 2008 crash?
11:00- Wrapping things up, and final tips for buyers and sellers
If you have any questions for me about the market or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.