There is no debating that the Covid-19 pandemic has had a major affect on the entire world, including the real estate market. There was so much uncertainty about what the virus and lockdowns, etc. would do to the housing market and many experts even predicted historic losses of value, increased foreclosures and an overall major drop in real estate values. Fast forward almost two years and nothing could have been further from the truth.
Most, if not all markets, saw an increase in home values with some experiencing massive upticks in values. The rental market was also affected, primarily with noticeable rent increases in much of the nation, however not all markets experienced positive affects of the pandemic.
Below is an excellent article that breaks down the winners and losers of the 2021 real estate market:
Read the Original Article Here: By the Numbers: The Biggest Winners and Losers in Real Estate in 2021
Hill Country Flat Fee Realty proudly serves the communities of Boerne, Fair Oaks Ranch, San Antonio, Austin, Dripping Springs, Blanco, Round Rock, Cedar Park, Georgetown, Leander, Kerrville, Fredericksburg, Bulverde, Spring Branch, New Braunfels and Comfort. Our flat fee model that saves sellers a ton of cash and is simply the smarter way to sell a property these days. Simply put, there is no need to pay high commissions these days to sell your property…save the money, after all-it’s yours!