2020 Real Estate Forecast

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With a new year comes new real estate predictions!  From the National Association of REALTORS®, here is a list of expectations from the industry:

  • 30-Year Fixed Mortgage Average Rate:  3.8%
  • 15-Year Fixed Mortgage Average Rate:  3.1%
  • The Largest Homebuying Group:  25-34 year olds
  • 4% Increase in the Amount of New and Existing Home Sales is Expected, from 6 million in 2019 to 6.3 million in 2020

Give us a call today to see where we can take your home buying/selling journey! 502.223.3553

NAR website.