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Housing market trends homebuyers should watch in summer 2021

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Today’s housing market is a competitive one for buyers, thanks to high demand and low interest rates. Here are the housing market trends we expect in summer 2021. (iStock)

The home buying process can be difficult to navigate, and the current market has made it uniquely difficult for buyers. Thanks to interest rates at record lows over the past year, there’s been a surge in demand. But combined with the low housing supply throughout the coronavirus pandemic, this demand has created a housing boom.

If you’re preparing to buy or sell a home soon, it’s important to know just what lies ahead of you, so we’re sharing a few housing market trends and summer housing market predictions you can expect to see this year.

And if you’re starting the homebuying process, visit Credible to compare rates and lenders and explore your mortgage options.

Mortgage rates are rising, but they will remain comparatively low

One of the most significant impacts…

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