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10 November . 2020

Home Sales Predicted to Heat Up This Winter

A combination of record-low mortgage rates and homebuyers looking to make some changes in their current housing will change what is typically a slow sales season in real estate to a vibrant one. Chief Economist Lawrence Yun of the National Association of REALTORS®, says "It will be one of the best winter sales years ever." The COVID-19 pandemic has also prompted home buyers to reassess their current needs as they search for space for home offices or for children attending school remotely. With more flexibility for remote office workers, the suburb's bigger homes and greater affordability becomes increasingly attractive.