On the cusp of the summer home-buying season, it’s becoming more and more evident that the housing shortage poses a problem for the average buyer. In fact, there’s a shortage of some 5 million homes across the nation. 

The past two years have brought us a wildly unpredictable world. Let’s be honest, a lot of us are still on edge! The pandemic has stoked public health concerns, wild political debates, financial turmoil, and an unpredictable – if surprisingly high-performing – real estate market.

Every real estate investor is actively or acutely aware of their market conditions, be it in their specific investment markets or in the United States as a whole.

Forbes recently published an article from their Real Estate Council, detailing eleven predictions about the future of the real estate market for the remainder of 2021 and through 2022. In the tumultuous real estate market we’ve experienced, a lot of us are looking for clues as to what’s next.

As we near the last quarter of 2021, the real estate market seems no more certain than it did a year ago. Between a frenzy of buyer demand, the pandemic-spurred recession, and skyrocketing home prices, the state of the market seems like a hodgepodge of thrill and anxiety.

We’re now several weeks into 2020, and with so many predictions about a real estate crash over the holidays and in the new year, we’re left wondering: is a crash coming at all? We know that there’s only limited stock one can put in real estate market predictions. The facts point to a few things:

Real estate experts far and wide seem yet to have come to a real consensus about what we can expect from the real estate market as we start a new decade in 2020. It’s true, there are several conflicting factors that could see the real estate market go either way. It’s a mixed bag on whether we’ll see a boom or a bust, if 2020 will be more of the same or if we’ll see some radical shifts in the market.