Sotheby's International Realty CEO on the Fall 2020 Market Outlook

Philip White, president and CEO of Sotheby’s International Realty, was featured in a recent Mansion Global piece regarding the Fall 2020 market outlook. Philip discussed the key indicators buyers and sellers should watch out for this coming season and how they can best prepare.

“One indicator buyers and sellers should keep an eye on is demand,” said Philip White, president and CEO of Sotheby’s International Realty. “Prior to the coronavirus, there were quite a few dynamics in play for homebuyers: low inventory, low mortgage rates, and millennial interest in homeownership. Despite the coronavirus, these dynamics are still at play, except now mortgage rates are even lower and U.S. supply is even more limited.”

To read more: Low Mortgage Rates, Limited Inventory, and Pent Up Demand Could Make This Fall a Busy Season