Page 3 - AreaNewsletters "Feb 2021" issue
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F E A T U R E A R T I C L E O F T H E MO N T H
Article provided by Nadine Kirk, The Kirk Team, Re/Max Alliance.
Here’s a look at where the market stands right now, and what you’ll want to keep an eye on moving forward.
🔴 Low Housing Inventory. At the end of last year, inventory was tight and homes were selling quickly! Look out for similar patterns in 2021 that lead to favorable conditions for sellers and a competitive market for buyers.
🔴 We Need More Space. Homes with extra rooms and closed  oor plans are more appealing to buyers looking for space to accommodate home of ces,gyms etc.Properties withADUs (accessory dwelling units) like a granny  at or converted shed may also attract multi-generational families or those looking for rental income.
🔴 The Market is Rebounding. Following the uncertainty of 2020,the real estate market has quickly rebounded to pre-pandemic levels, and remains one of the
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earliest industries to do so.
🔴 Increased Buyer Demand.
Many millennials have fast-tracked plans
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Castle Rock “AreaNewsletters • February 2021
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