We’re Realtors (R). Not market forecasters. But we read market forecasters with the same enthusiasm our snow removal guy reads weather forecasts. Here’s what they’re saying.
Six market forecasters -including Freddie Mac and Fannie Mae as well as the National Association of Realtors, the Mortgage Bankers Association and the Home Price Expectation Survey – are predicting a 2.8-4.7% in home prices for the second half of 2019 and another 2.8-3.5% increase for 2020.
This is a great time to make an investment in real estate and a great time for first time home buyers getting in to the market!