Statewide Iowa — Home sales have remained strong in November and Iowa Association of Realtors president, Jen Burkamper says the trend where things have slowed down in December and November has changed.
(as she says) “And then right after the first of the year — what we call our spring market — has actually moved up,” Burkamper says. “So, January, February, March have been very strong the last several years, because I think people are really getting anxious that time of year to look at moving in the spring.”
Burkamper says sales through November for the year are up and she says it appears that upward move is going to continue.
(as she says) “We’re expecting that is going to happen or continue to happen in this next year in 2021,” she says.
Burkamper says there are some key signs that make 2021 look positive for home sales.
(as she says) “It’s predicted that interest rates are going to stay low through 2023. So the next several years should be a very strong market. So, if you are looking to sell, it’s a sellers’ market,” according to Burkamper. “And then for buyers, take advantage of these low rates.”
Burkamper says the use of online showings has helped sellers show off their properties and buyers shop around. And she says they have been able to adjust and have in-person showings in homes that are safe, to keep the market moving during the pandemic.
