Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a
2020 Forecast Shows Continued Home Price Appreciation
Dated: December 23 2019
Views: 132
Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:
Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, which estimates the probability of home prices being lower in two years. Based on the most recent results, 32 of the 50 U.S. states (plus D.C.) had a minimal probability of lowering by 2021.
Bottom Line
Experts forecast home price appreciation to continue at a moderate rate as we move through 2020 and beyond. With appreciation growing, let’s get together and plan for your next move. Call us today! 407.814.4167
George Crawford
Thank you for taking the time to visit our website and learn more about our team. We trust you will find value here. When I got involved with Real Estate in 2010 after 25 years in construction I did....
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