4 Predictions for the Real Estate Market in the U.S. in 2021 from CoreLogic’s Chief Economist. What is Corelogic and why are his predictions important to consider? Hi I’m Tanja Odzak-Goppold with Keller Williams. I’m a top producing agent here in Oakland and the Greater East Bay Area. I live, eat and breathe real estate. I trust Corelogic because CoreLogic is a leading provider to the government and business of analytics of financial and property data. In my opinion their predictions hold their weight in gold because it is based on data and facts. Prediction #1. We will continue to have low interest rates throughout 2021. They are at a record low right now. He believes the federal reserve will continue to promote low interest rates throughout 2021. Right now fixed rate 30 year mortgages are averaging about 2.7 percent nationwide, which is a record low. Their forecast on average, for interest rates for the year as a whole will be 2.9%, this will be the first year ever that 30 year fixed rate mortgages have averaged less than 3%. He also predicts these low interest rate levels will go into 2022.
Be sure to search my YouTube channel for all 4 of the Real Estate predictions for 2021, I’m Tanja Odzak-Goppold, Reach out any time for anything. I’m here to help. PUTTING PEOPLE BEFORE PROFIT