Despite the COVID-19 pandemic, the housing market surpassed expectations in 2020. Will the strong real estate market carry over into 2021? Mortgage rates are expected to remain low for the foreseeable future, but a big short in housing supply will continue into 2021, likely keeping house price appreciation flying high.
Listen to this American Land Title Association’s Insights webinar recording, “The Big Short? 2021 Housing Market Forecast,” as First American Deputy Chief Economist Odeta Kushi addresses the pandemic, mortgage rates, potential for existing-home sales, new construction, housing supply and price appreciation.