And what will the real estate market do in 2019 if mortgage rates climb even higher? In June 2018, the Mortgage Bankers Association (MBA) updated its long-range forecast. They predicted that average 30-year mortgage rates would rise to 4.9% by the fourth quarter of 2018, and inch upward in 2019 as well.
Tags: real estate, housing market, home prices, new home sales, existing home sales, pending home sales, housing, renting Devon Thorsby is the Real Estate editor at U.S. News & World Report, where she writes consumer-focused articles about the homebuying and selling process, home improvement, tenant rights and the state of the housing market.
miami real estate market predictions 2019 & 2020 The median home value in Miami is $335,200 on Zillow. Miami home values have gone up 2.0% over the past year and Zillow’s Miami real estate market prediction is that the prices will fall -0.6% in 2020 .
July’s housing market report paints a rosier picture of home prices for sellers. Home Prices rose while supply is heading downward. That could predict higher home prices. Builders sentiment is improving which could add new home supply for 2020. See the stats, charts and expert opinions about the US housing market.
“The real estate market has been sizzling in Montclair for the last several. Dual career couples seeking a family abode and a top-notch public school curriculum tend to make up the bulk of.