inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2021/05/BarrentineGroupLogo_2021-02.png
inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2020/07/kwluxurylogo.png
  • Meet Our Team
  • Our Blog
  • Listings Search
    • Featured Listings
  • Seller and Buyer Resources
    • Seller Resources
    • Buyer Resources
  • Testimonials
  • Giving
  • Videos
  • Contact us
Barrentine Group
310.276.6656
info@barrentinegroup.com
Sign In
Sign Up
inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2021/05/BarrentineGroupLogo_2021-02.png
inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2020/07/kwluxurylogo.png
  • Meet Our Team
  • Our Blog
  • Listings Search
    • Featured Listings
  • Seller and Buyer Resources
    • Seller Resources
    • Buyer Resources
  • Testimonials
  • Giving
  • Videos
  • Contact us
inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2021/05/BarrentineGroupLogo_2021-02.png
inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2020/07/kwluxurylogo.png
inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2020/11/20201112-kcm-share-2.jpg

Winter Will Bring a Flurry of Activity to the Housing Market

inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2021/05/RedGroupLogo_Circle-01.png
Barrentine Group,05/7/2021

In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes:

“It will be one of the best winter sales years ever.”

The typical winter slowdown in the housing market is simply not on the radar. Here’s why.

While today’s historically low mortgage rates are expected to remain low, they won’t be this low for much longer. This could be the last chance for homebuyers to secure such low rates, and they’re ready to take action. In a recent article, Bankrate explained:

“If you’re looking to buy a home…expect mortgage rates to remain low into 2021. However, the possibility of rates falling to 2.5 percent or lower has faded as the U.S. economy has rebounded.”

As long as we continue to see low interest rates, we’ll see hopeful buyers on the hunt for their dream homes. Yun confirmed:

“The demand for home buying remains super strong…And we’re still likely to end the year with more homes sold overall in 2020 than in 2019…With persistent low mortgage rates and some degree of a continuing jobs recovery, more contract signings are expected in the near future.”

The challenge, however, is the lack of homes available for sale. With that in mind, all eyes are on homeowners to see if they’ll sell this winter or wait until spring. Danielle Hale, Chief Economist for realtor.com, says it’s best for sellers to capitalize on this moment sooner rather than later:

“We currently see buyers sticking around in the housing market much later than we usually do this fall. If that trend continues, we will see more buyers in the market this winter, too. So, this winter is likely to be a good time to sell.”

With buyers ready to stay active this winter, sellers who want to close a deal on the best possible terms shouldn’t wait until spring to put their homes on the market.

Bottom Line

Experts agree the winter housing market could potentially be bigger than ever. Whether you’re ready to buy or sell, let’s connect today so you can be in your dream home by the new year.


« VA Home Loans: Helping Heroes Find a HomeTips to Sell Your House Safely Right Now [INFOGRAPHIC] »

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
Print Details
Previous post
Next post
Is it Safe to Sell My House Right Now?
Why Working from Home May Spark Your Next Move

Office

Keller Williams Larchmont | Miracle Mile5150 Wilshire Blvd, Ground FloorLos Angeles, CA 90036
CalDRE License # 01207185
310.276.6656
info@barrentinegroup.com

Helpful resources

  • Home
  • Meet Our Team
  • Client Testimonials
  • Giving

Explore

  • Listings Search
  • Featured Listings
  • Buyer Resources
  • Seller Resources

Consumer Protection & Privacy

  • Accessibility
  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.
inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2021/05/RedGroupLogo_2021-02%281%29.png
inception-app-prod/ODc3Y2E5ZGItYThiNi00Y2UzLTg5MmYtNWQ2Yzk5MzcyYmUx/content/2020/07/logo-2.png

© 2022 All rights reserved

Created with Placester

Sign in

Sign in with your email address

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Enter your email address

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Your password has been successfully reseted.
Go to the homepage
Sorry something went wrong
Please try again.
Try again
Send
Succes! Your message was sent!
Thank you for visiting RED Real Estate Group. "Helping you make wise real estate decisions"
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Please wait...

Account Verified!

You may now log in into your account
Go to the homepage

Verify your email address

In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link