This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like
The Wall Street Journal released their latest monthly Survey of Economists. In an article on the findings, they reported:
“The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded
One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation
*According to Lawrence Yun, Chief Economist at NAR, home prices are forecasted to rise.
*Results from the Existing Home Sales Report note that home sales declined in March due to the coronavirus, but prices are still strong.
2020 is projected to be a strong year for homeownership.
According to the Freddie Mac Forecast,
“We expect rates to remain low, falling to a yearly average of 3.8% in 2020.”
If you’re currently renting, 2020 may be a great time to think about
Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.
1. Buying a Home is a Great Investment
Several reports indicate
This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing market
When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to continue.
Here’s what three experts are saying