Top 6 Housing Market Trends for Real Estate Investors

Since the commencement of the COVID pandemic, the real estate market has been nothing short of a roller coaster for both buyers and sellers.

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Record price increases, ultra-low mortgage rates, and fierce buyer competition have prevailed in the housing market over the last two years.

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Keep an eye out for these vital trends if you plan to purchase or sell a house this year.

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Housing Market

Trends

1) House Hunting Goes Digital

Because of virtual capabilities, many people could take a virtual tour of the property, and make buying decisions without even setting foot in the property beforehand.

2) Relocation from Cities to Suburbs

The COVID-19 pandemic has driven suburban migration from large cities. For the next 3-5 years, the trend of people opting not to live in big cities may continue.

3) Overwhelming Demand for Single-Family Housing

Millennials’ eagerness to buy their first home or start a family has fueled suburban development.

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