Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020.
Below is a chart depicting the projections of each entity for 2019, as well as for 2020.
As we can see, Freddie Mac, Fannie
2 Things You Need to Know to Properly Price Your Home
In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed
Wage Increases Make Home Buying More Affordable
Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages.
How much a family earns obviously impacts how easy or difficult
Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?
In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that:
New listings jumped 8% year-over-year nationally, the largest increase since 2013
Total listings in the 45 largest markets are now
6 Reasons Why Selling a House in the Winter May Be the Best Decision Ever
Spring is generally the most popular time of year to sell a house, with hordes of buyers looking to move into a new place before the school year begins. But if you decide to sell your home during the winter, experts say you could reap a reward
25% of Homes with a Mortgage are Now Equity Rich!
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising
If You Are Thinking of Selling You Must Act NOW!
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the
Whoops! 4 Home-Buying Moves You May Not Realize You Have to Do
Buying a house takes time, patience, and careful planning. But because this process has so many moving parts, sometimes buyers miss crucial steps—and it can cost them big-time.
To help clue you in to these oft-overlooked tasks, we asked real
5 Tiny Details That Make or Break How Great Your Kitchen Looks
It’s the small, personal things that tie a room together, and your kitchen is no different. In this final installment of our Dream Kitchen Remodeling Guide, we talk about the last little touches you need to fill the heart of your home.
“Your
Home Prices Have Appreciated 6.9% in 2018
Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey.
Every month, the economists at CoreLogic release the results of their Home