Source: Crossroads Today —
From super-low mortgage rates to sky-high home prices, 2021 has seen a number of real estate records fall. The housing market continually outdid itself this year, seeming to set new records every month thanks to a home buying rush that started last year.
“The real estate market in 2021 was a continuation of the strong momentum carried over from 2020. Mortgage rates hovering at near-record lows fueled demand,” says Lawrence Yun, chief economist for the National Association of Realtors.