Real Estate Market Update Video

Real Estate Market Update Video
Evelyn Greenwoo…:
There are four predictions for the real estate market in the US in 2021 from CoreLogic’s chief economist. What is CoreLogic, and why is their expert’s predictions important to consider?

Hi, I’m Evelyn Greenwood with Fathom Realty. I’ve been selling real estate in Baton Rouge 70808 and 70810 for seven years. I live, eat, and breathe real estate. And I trust CoreLogic because CoreLogic is a leading provider to the government and businesses for 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 number one. We will continue to have low interest rates throughout 2021. They’re at a record low right now, and CoreLogic’s economist believes that the federal reserve will continue to promote low interest rates throughout 2021. Right now, fixed-rate 30-year mortgages are averaging about 2.7% nationwide, which is a record low. Their forecast on average for interest rates for the year as a whole will be about 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. So be sure to search my YouTube channel for other real estate predictions and updates for 2021. Evelyn Greenwood here. Reach out to me anytime for anything. I’m here to help. And as always, everyone deserves a happy home.
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