7 min. read
Most experienced agents agree that this year marks a turning point for real estate. But what are the strongest housing markets in 2021, and is now really the time to invest?
When the pandemic hit full force in early 2020, many potential sellers and homebuyers held off. As demand for property went down, real estate prices decreased. Later on, remote work became the new normal, and the market rebounded. People chose properties with extra space for home offices, housing inventory shrank and real estate prices went up.
In February 2021, the S&P CoreLogic Case-Shiller property value index jumped 12% over February 2020 figures. That hasn’t happened since 2006. Historically low mortgage interest rates coupled with an increase in housing inventory herald the beginning of a buyer’s market. Just one question remains—are you…