4 Ways the Real Estate Market will Remain Strong through the Election

Posted by Admin The Real Estate Collection on Tuesday, November 3rd, 2020 at 11:56am.

4 WAYS THE REAL ESTATE MARKET WILL REMAIN STRONG THROUGH ELECTION SEASON

 

1. Demand is strong among millennials. The nation's largest generation was slow to enter the home buying market. But, they now account for OVER half of new mortgage loans. At the end of July 2019, millennials made up 38% of home buyers. 

 

2. Mortgage rates are historically low and expected to remain low through 2021. 

 

3. Prices continue to appreciate. We are continuing to see a low supply of resale homes on the market. 

 

4. History says so... The market will slow slightly in November during a presidential election, but the pace returns quickly. 

 

The housing market has withstood the pandemic challenges and will continue to remain strong. Don't miss out on the current market conditions, contact our team today! 

 
 
 
 
Contact The Real Estate Collection today! Offices in Central & South Florida.
 
We strive to deliver the top real estate services in our industry with integrity and passion. Over the last 10 years, we have developed a reputation as one of the most respected and recognized independently-owned full-service real estate brokerages. 
 
                                                             
                                                                        Kari Fleck, Owner/Broker
 

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