A new year always brings new questions, especially when it comes to the housing market. So if you’re planning to buy or sell sometime in 2020 and might be wondering what's in store over the next 12 months, here are a few things experts and economists are predicting…
Low inventory will still be an issue
Unemployment is sitting around a 50-year low and interest rates are still well below historical norms, so what gives? Well, housing supply remains low across the board, and especially at lower price ranges, so more renters, first-time home buyers, and existing home owners are staying put, which is continuing to hurt the market all over.
Mortgage rates remain low
Did you know that mortgage rates were hovering around 8.5 percent at the start of
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