Wednesday, November 11, 2020 / by Mary Ellen Small
The New Normal: A Strong Housing Market Expected to Continue into 2021
But, rather than a slowdown, we are continuing to experience a surprisingly robust real estate market in Buford, Braselton, Hoschton, Gainesville, Flowery Branch, Winder, Cumming, and all of North Georgia. Experts estimate that these conditions are likely to last well into the new year. Fannie Mae Senior VP and Chief Economist Doug Duncan predicts that existing home sales will ultimately “be up a percent or more in 2021.” He believes home prices will continue to rise due to limited inventory, but he is confident the Federal Reserve will keep interest rates low into the future, which will be “ ...