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

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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Investing globally in Real Estate requires understanding market dynamics, including rent growth and job creation trends.Tap into local expertise, including brokers, property managers, and market analysts, to gain on-the-ground insights.

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Reduced demand could lead to stagnant or declining prices, creating better deals for new buyers. Buyers prepared with savings and good credit can benefit from hesitant competition.

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