2021 Housing Market Predictions

With 2021 right around the corner, Mark Spain Real Estate is researching the 2021 housing market. After a strong housing market in 2020, we predict the housing market will get even stronger in 2021. According to NAR Chief Economist Lawrence Yun, in an article from inman.com, “In 2021, he expects new home sales to rise a whopping 23 percent and existing-home sales to rise 9 percent. After a 6 percent rise this year, he expects home prices will rise a more modest 3 percent next year.” . Yun also stated, “In 2021 I think that demand for work from home, demand for larger sized homes, will continue. So home sales will be rising 9 percent next year and home prices are in no danger of decline because of housing shortage.

Mark Spain Real Estate has earned more 5-star reviews than any other real estate company in the United States. It has earned the No. 1 real estate team in the United States honor by Real Trends and The Wall Street Journal for closed transactions the last three consecutive years. The company has been listed on Inc. 5000 list of fastest-growing private companies in America for five years straight. Mark Spain Real Estate’s mobile site design took top honors in 2019 and 2020, being named the No. 1 Mobile Website in real estate by REAL Trends. MarkSpain.com also earned recognition as a Top 10 Overall Website in both 2019 and 2020. The company was honored in 2017, 2018 and 2020 as one of The Atlanta Journal-Constitution’s Top Places to Work. It has earned the Atlanta Business Chronicle Pacesetter Award the last four years, for being one of metro Atlanta’s 100 top, fastest-growing, privately held companies. Mark Spain Real Estate recently made its third appearance on Atlanta’s Top 25 Real Estate Companies annual list in 2020 and debuted on similar lists for Charlotte and Raleigh.