December is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a healthy sales pace in the face of a new wave of COVID-19 infections and a softening jobs market.
With low mortgage rates and strong #buyer demand in most market segments, the #housing market of early 2021 looks to continue the trends we saw in the second half of 2020.
Low inventory and multiple offers on in-demand properties and market segments are likely to remain common while the market waits and hopes for a boost in new construction and surge in home sellers to help provide more balance to the market.
