Fannie Mae, Freddie Mac, Mortgage Bankers Association (MBA), and the National Association of REALTORS (NAR) are all major organizations in the real estate and finance industries that keep a close watch on changes and trends. Each year, they release their own predictions on how the markets will perform in the following months. While no one can say with 100% certainty what the future will be, their projections have proven to be good indicators.
Here is what the housing experts are forecasting for 2021.
2021 Housing Forecast – KCM
With mortgage rates forecasted to remain low, high buyer demand expected to fuel more home sales, and the continued increase of home prices to remain on track, the biggest experts in the real estate market continue to have an optimistic view of the housing market in 2021.
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