It would be an understatement to say that the housing market is booming in 2021. This was already true prior to COVID, but the brief economic downturn in 2020 did not, as some people expected, lead to a slowdown in real estate.
In reality, the opposite situation has emerged: people are more eager than ever to invest in their dream homes. While average time to a sale varies based on location, sellers in many regions are now able to complete the process in just a few months or even a matter of weeks. Clearly, buyers aren’t willing to wait.