2021 should be another good year for the real estate market. However, record-low housing inventory is a challenge in the current real estate climate.

The real estate market is expected to do very well in 2021. Mortgage rates are hovering at historic lows and are forecasted by experts to remain favorable throughout the year. One challenge facing the housing industry is a record-low inventory of homes available for sale [...]

The sales of new U.S. single family homes fell only slightly in November in the wake of higher mortgage rates.

Meanwhile, prices on new homes continued to rise, signaling to national housing market experts that the market truly is weathering higher mortgage rates, according to a recent news [...]