According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. Here are 4 reasons people are reconsidering where they live and why they’re expecting to buy a home this year. >>Record-Low Mortgage Interest Rates According to Freddie Mac, the average 30-year fixed interest rate today is 2.65%. Many wonder how low these rates will go and how long they’ll last. Len Keifer, Deputy Chief Economist for Freddie Mac, advises, “If you’ve found a home that fits your needs at a price you can afford, it might be better to act now rather than wait for future rate declines that may never come and a future that likely holds very tight inventory.” >>Working from Home Remote work is a new normal for many businesses, and it’s lasting longer than most expected. Many are discovering they don’t need to live close to the office anymore and they can get more for their money by moving a little further outside of the city limits. For some people, working remotely in their current home is challenging, especially when there may be other options available. >>More Outdoor Space Another new priority for homeowners is having more usable outdoor space. Be