Tony Capko / LaVau Group / EXP Real Estate

Even with low inventory, expect a strong 2021 housing market to remain busy through springtime. As median home prices keep rising, homeowners who originally planned to sell within the next three to five years might list their homes sooner. Even prior to the pandemic, housing inventory had hit record lows, and the problem has only gotten worse as demand continues to rise. Total home sales are outpacing new listings by a wide margin every month, foreseeing the shortage continu...ing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased .22%, while total sales increased 19.29%. Home prices have risen as a result of the mismatch in homebuyer demand and housing inventory. The average list price for properties that sold rose 6.7% from September to October this year, which is significantly higher than the same figure in 2018 and 2019. *As median home prices keep rising, homeowners who originally planned to sell within the next three to five years might list their homes sooner. freeing up more inventory. Tony Capko EXP Realty of California, Inc. DRE#02032008 661-236-7184

Tony Capko EXP Realty of California, Inc. Amazing Time To sell Your Home 2020 Housing Market: Rapid Home-Price Growth!... With low mortgage rates, there's nothing to restrain demand Demand for housing was strong in early 2020, before the COVID-19 crisis hit. Mandated shut-down measures and the fear of what COVID would do to our economy temporarily immobilized the housing market, evinced by nine weeks of declines in the weekly purchase applications data on a year-over-year basis. Then it was as if the Housing Demographic God exerted her chronokinetic powers to snap demand back to pre-COVID levels of growth. The frozen market thawed and resumed its steady pace of growth, even making up for lost time. Instead of a housing crash, as many others predicted would be the lasting consequence of shut-down policies and massive job losses across the nation, the opposite happened as the 2020 U.S. housing market has been the most out-performing economic sector in the world. Ready When You Are! Tony Capko EXP Realty of California, Inc. DRE#02032008 661-236-718

Happy Holidays from Tony Capko https://www.facebook.com/TheConvertiblesBand/videos/3391367774319828

Local Housing is Market Hot Amid COVID Unease. One reason the market is so hot is that interest rates continue to be at all-time lows. That’s been helping national home sales hit record highs. People with more expensive homes in what would be a place that normally had more amenities in the community they lived in have been looking to shift amid the economic uncertainty to a less expensive location that could give you more bang for your buck in terms of housing size and more p...eace of mind. With the pandemic changing how we work, eat, and play, a lot more people are looking to leave their smaller, expensive dwellings in the heart of the hustle and bustle of the metropolises, for something different. It seems the market will stay strong even after the situation is resolved. Tony Capko EXP Realty of California, Inc. DRE#02032008 661-236-7184 "I'll approach all your real estate needs with a reliable, real world analysis. No fancy figures. No hard sales pitches. Just the facts presented in a straightforward, transparent, easy-to-understand format"