MAY 2021    |    VOL.  2021.11     


What to Expect From the Housing
Market in Summer 2021

In summer 2021 expect to see some changes, but continued low inventory and renter affordability issues are likely to persist through the warmer months. The U.S. entered 2021 with pandemic fatigue, though it hadn't – and still hasn't – slowed down home buyer activity. The first months of the year have seen rapid growth in home prices as low inventory of houses on the market combined with high buyer demand creates fierce competition in suburban areas and medium-to-small metro areas across the country.

Looking forward to late spring and summer, the fast rollout of COVID-19 vaccines is making many hopeful that an end to the pandemic is in sight. But some housing market trends caused by the pandemic are expected to continue.

In summer 2021, here are a few trends shaping up for the housing market:

- Interest rates may rise slightly, but are expected to remain relatively low.

- Home inventory will increase, but it will stay a seller's market.

- Homebuyers will still be focused in the suburbs, but interest in city living will see some revival.

- Rental assistance will ease some eviction worries for renters, but the financial impact of the pandemic will be long-lasting.

Read the full article on what experts are predicting for buyers, sellers, renters and new construction in summer 2021.


FROM OUR BLOG

WHAT IS VIRTUAL STAGING?

In today's real estate market most people begin their home search online. There’s nothing more important than appealing to buyers online by showcasing your home in its best light. And thanks to technology, there’s now another great way to prepare your property for sale without the heavy lifting—virtual staging.


TCG HOT TIP

Are you shopping in a sellers market? Not all price ranges are experiencing the same dmand.  Our agent Tamra Proivnes helps you know here to start and how to decide what to offer and why.    WATCH MORE TCG VIDEOS


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590 E 70th N, Wellington

5 BED  | 3.5 BATHS
2 CAR GARAGE  | 4090 SQ FT
108x60 Building w/ Finished Living Space
60x30 Shop
36x12 Chicken Coop


Country living at it's finest! North of Wellington near Belle Plaine exit, just minutes away from Wichita.

This information is not verified for authenticity or accuracy and is not guaranteed. You should independently verify the information before making a decision to purchase. © Copyright 2020 South Central Kansas MLS, Inc. All rights reserved. Please be aware, property may have audio/video recording devices in use.



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