2021 Housing Market Forecast.

Will the Housing market crash in 2021 or will it flourish? There are many elements to the housing market along with the covid pandemic and people leaving cities for suburbs. Todd talks about some of the projections of the 2021 housing market and how forecast demand will affect home prices in both cities like San Francisco as well as the suburbs. There hasn’t been a crash in the housing market since the crash that happened in 2006 and didn’t finish until 2011 when the national market recovered. The last housing market crash before that was in the 1930s from the Great Depression. The forecast of the housing market includes data from people leaving cities to the current federal funds rate. It also has some specifics about the Las Vegas real estate market and people moving to Las Vegas from the Bay Area.