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Poll: Consumers Expect Even Hotter 2021 Market


Sixty percent of home buyers and sellers say they’re optimistic about the housing market in 2021, a leap above 2020’s numbers, according to a new survey commissioned by Redfin. High earners and homeowners are the most upbeat, shows the survey of more than 1,400 people, which was conducted in November and December.
Nearly three-quarters of respondents who earn more than $150,000 say the housing market will fare better in 2021 than 2020, the highest of any other income group. Also, 64% of homeowners believe the housing market this year will outperform last year. Sellers express more optimism than buyers; recent double-digit gains in home prices likely explain seller enthusiasm.
Continue… https://magazine.realtor/daily-news/2021/01/14/poll-consumers-expect-even-hotter-2021-market

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Perrella & Associates
1932 E 2nd Ave
Hibbing, MN 55746
Phone: 218-262-5582
Fax: 218-262-5584
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