LK Marketing and Real Estate

December is normally one of the slowest months of the year but strong buyer
demand across most segments of the market, buoyed by near-record low
interest rates, continue to drive a healthy sales pace in the face of a new wave
of COVID-19 infections and a softening jobs market.

With low mortgage rates and strong buyer demand in most market segments,
the housing market of early 2021 looks to continue the trends we saw in the
second half of 2020. Low inventory and multiple offers on in-demand
properties and market segments are likely to remain common while the
market waits and hopes for a boost in new construction and a surge in home
sellers to help provide more balance to the market.

Source: kcrar.com