2 1
M A Y 2 0 2 1
Happy
Mother's
Day!
t h i n K i n g O F m a K i n g a m O V e i n 2 0 2 1 ?
C a l l J O s e p h t e r s i g n i , s a l e s a s s O C i a t e
a n d C l i n t O n t O W n s h i p r e s i d e n t
"Nationally, the inventory of homes for sale decreased 39.2% over
the past year in November…This amounted to 490,000 fewer homes for sale
compared to November of last year."
More people buying and fewer people selling has caused home prices
to escalate. However, with a vaccine on the horizon, more homeowners will be
putting their houses on the market. This will better balance supply with demand and
slow down the rapid appreciation. That's why major organizations in the housing
industry are calling for much more moderate home appreciation next year. Here
are the most recent forecasts for 2021:
*National Association of Realtors: 4.5%
*Freddie Mac: 2.6%
*Fannie Mae: 2.1%
Source KCM Real Estate Blog
Call Clinton Township resident Joseph Tersigni, Sales Associate at Weichert
Realtors at: 908.735.8140, or email: joseph@jerseyhomz.com. You may be
surprised at the value of your home in today's real estate market!
Happy
"A mother is she who can take the place of all others
but whose place no one else can take."
~ Cardinal Meymillod
