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Where is the Housing Market Headed in 2020?

Where is the Housing Market Headed in 2020?

4 years ago

Housing Market Updates

Where is the Housing Market Headed in 2020? [INFOGRAPHIC] | MyKCM

Some Highlights:

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.

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2019 Profile of Home Buyers and Sellers

By Suzanne De Vita (Source: https://rismedia.com) As the cost of homeownership increases and options remain thin, family is stepping in. Among first-time homebuyers this year, 32 percent depended on family or friends for financial help purchasing, commonly in the form of gifts or loans, according to the 2019 Profile of Home Buyers and Sellers, ...

Where is the Housing Market Headed in 2020?

Some Highlights:

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2019 Profile of Home Buyers and Sellers