How has the pandemic impacted the housing market’s vitality? Frank Nothaft, chief economist at CoreLogic, predicts mortgage rates to remain at record lows. If interest rates remain below 3% that will continue to stimulate home sales, and also refinances. Nothaft suggests that he expects home sales to up in 2021 compared to 2020 due to new single family construction and increases in existing home sales. Over the last several months, we’ve had an acute shortage of existing homes for sale. Part of the shortage of inventory is directly related to the pandemic.
CoreLogic’s Frank Nothaft’s Housing Market Predictions for 2021
2021 Housing Market will be Stronger than 2020
California Association of Realtors Chief Economist 2021 Forecast
Your guide to Santa Barbara's Fourth of July Weekend! It is no secret that as…
Your ultimate guide to this weekends Open Houses in southern Santa Barbara. Here is the…
The Santa Barbara’s State Street Blues. It’s the first time in history a city might spend…
Recent market data highlights an encouraging shift for those tracking long-term housing costs. We are…
Ride the WAVE: The Ultimate Guide to the 2026 Santa Barbara Summer Solstice Celebration The…
Are Open Houses Shrinking? If you’ve spent your recent weekends scanning the local papers, you…