The new year promises to be a good one for home sellers, continuing the trend that unfolded this year. 2020 ended with prices up, and many sellers received multiple bids and more than asking price.

The distribution of COVID vaccines bodes well for the economy, benefitting home buyers and sellers alike. Interest rates remain historically low—an important incentive for buyers—and pent-up demand remains high for everything from small condos and townhouses to large single-family homes.

Many buyers who would have liked to buy in 2020 had little to choose from and will be ready to go in 2021. If you’re planning a move, now is a great time to get started!

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See more of Annette’s articles on related real estate topics. If you’re planning to buy or sell a home, contact Annette at (610) 247-7892 or annette@preferredhomes.com

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