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“The median American household now needs to spend 48% of their income to buy the median-priced home — worse than the peak of the 2006 bubble.”
When the economic uncertainty dust settles, those buyers and sellers who were on the sideline will jump back in the housing game. Demographic trends support elevated purchase demand in the years to come, so it’s a question of when, not if, for the housing market.”
Why Housing Market Potential Increased for the First Time in Nearly a Year
“In 2021, however, the downward trend accelerated: 37% of buyers were first-timers. Low supply of for-sale homes and competition with other buyers amidst a stretched mortgage market (competing for brokers’ time and resources with existing homeowners refinancing to historically low interest rates) may have contributed to this decline in first-time buyers.”
(via Buyers: Results from the Zillow Consumer Housing Trends Report 2021 - Zillow Research)
With a new year, comes new trends. If you’re planning on selling your home this year, you need to know what to expect. Find out what the top buyer trends are for 2020 and how they could affect the sale of your home at the link in bio. #buyertrends #2020trends #realestatetrends #sellingahome (at Denver, Colorado) https://www.instagram.com/p/B7mhyd2F5xj/?igshid=1i8w07uuc7kib
DM me your phone number to help you find the value in your home and ways to increase it! #featuresthatsell #featuresthatsellhouses #buyertrends #buyingahome #sellingyourhome #buyingtips #sellingyourhometips #atlantarealestate #atlanta #homesforsale #home #house #atlantasbestrealestategroup #thefortegroup #condo #condominium #townhome #townhouse #realestateinvesting #realestateinvestments #realestateagent #realestateadvice #realestatelife #realestateinvestor #realestateexpert #realestatemarket #realty #hardwork https://www.instagram.com/p/B03oZqBJ_rr/?igshid=8j22wis6rcdv
Call me to discuss which is the best option for you! #featuresthatsell #featuresthatsellhouses #buyertrends #summermarket #summermarket2019 #buyingahome #sellingyourhome #buyingtips #sellingyourhometips #atlantarealestate #atlanta #homesforsale #home #house #atlantasbestrealestategroup #thefortegroup #condo #condominium #townhome #townhouse #realestateinvesting #realestateinvestments #realestateagent #realestateadvice #realestatelife #realestateinvestor #realestateexpert #realestatemarket #realty (at Atlanta, Georgia) https://www.instagram.com/p/B0s5281pLHJ/?igshid=6baur4n14bvd