Owning a Home Is Still More Affordable Than Renting One Wednesday January 20th, 2021 Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing,

Dated: September 30 2019
Views: 448
We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019.
Ralph McLaughlin, Deputy Chief Economist for CoreLogic
“We see the cooldown flattening or even reversing course in the coming months and expect the housing market to continue coming into balance. In the meantime, buyers are likely claiming some ground from what has been seller’s territory over the past few years. If mortgage rates stay low, wages continue to grow, and inventory picks up, we can expect the U.S. housing market to further stabilize throughout the remainder of the year.”
Lawrence Yun, Chief Economist at NAR
“We expect the second half of year will be notably better than the first half in terms of home sales, mainly because of lower mortgage rates.”
“The drop in mortgage rates continues to stimulate the real estate market and the economy. Home purchase demand is up five percent from a year ago and has noticeably strengthened since the early summer months…The benefit of lower mortgage rates is not only shoring up home sales, but also providing support to homeowner balance sheets via higher monthly cash flow and steadily rising home equity.”
The housing market will be strong for the rest of 2019. If you’d like to know more about our specific market, let’s get together to discuss what’s happening in our area.
Corey is an experienced real estate broker who has extensive experience working with buyers, sellers, and investors. With exceptional follow up, listening, and negotiation skills, Corey holds himself ....
Owning a Home Is Still More Affordable Than Renting One Wednesday January 20th, 2021 Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing,
How to Make the Dream of Homeownership a Reality This Year Monday January 18th, 2021 Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs.
Why Right Now May Be the Time to Sell Your House Thursday January 14th, 2021 For Buyers, For Sellers, Housing Market Updates, Interest RatesThe housing market made an
4 Reasons People Are Buying Homes in 2021 Tuesday January 12th, 2021 First Time Home Buyers, For Buyers, Interest Rates, Move-Up BuyersAccording to many experts,