Expert Prediction on Where Housing Market is Headed.
Where is the Housing Market Headed in 2020? Here are some highlights to consider.
Some Highlights on Where the Housing Market is Headed:
- Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020!
- According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year.
- Experts predict that the number of homes sold next year will be equal to or outpace 2019.
Now is Still a Great Time to Sell!
As the housing market is expected to continue to be strong for sellers due to lack of inventory, now may be a great time to sell. Let one of our local agents help you gather the information needed to decide if the time is right for you!
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Information deemed reliable but not guaranteed.