Wondering what will happen this year in real estate? Will 2020 remain a seller’s market? What is predicted to happen with interest rates and housing values? Will real estate inventory remain low? Is there a real estate recession and how will it affect the market? Erin Wolfe, Associate Broker, shares stats from Realtor Magazine’s article on the 2020 Economic Outlook with graphics from the National Association of Realtors.
Mortgage rates are continuing to stay low for both 30-year and 15-year fixed mortgages. Not only is homes-for-sale inventory low, vacancies and for-rent openings remain low as well. As the economy continues to change, our experienced Realtors are here to answer all of your questions about the 2020 Real Estate Market.
We are proud to be your local Real Estate Agents serving Carlisle, Central PA and beyond. When looking for the best realtors, offering no fees, no teams and no nonsense for both buyers and sellers, be sure to contact us.