Attention Main Line PA Real Estate Sellers/Buyers: Four CoreLogic Predictions for the 2021 Real Estate Market are here from CoreLogic’s Chief Economist. What is Corelogic and why are his predictions important to consider? I’ve been selling real estate in the Main Line towns, Bryn Mawr PA 19041, Gladwyne PA 19035, and Wayne PA 19087 to name a few for years. 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. So, 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 our YouTube channel for all the Predictions for the 2021 Real Estate Market, My youtube channel is Kimmy Rolph Real Estate. Reach out to us at any time for anything. We’re are always here to help. Kimmy Rolph sells the Main Line and local areas.