Here is what to expect from the Real Estate Market in 2019.


# Mortgage rates will continue to rise in 2019. Every time interest rates go up, buyers lose a little purchasing power, but the barrier maybe more psychological than financial. Buyers are starting to push back, they are saying “enough”.

# Homebuyers will have more negotiating power and sellers will need to make more compromises. Expect bidding wars to become less competitive, and price reductions to become more common.

# As price gains slow, home values will still appreciate at 2-3% depending on neighborhood

# Upscale neighborhoods will soften while demand for entry level housing remains high (source: forbes.com)

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Posted on November 19, 2018 at 4:49 am
Steven Galindo | Category: A Thought About Real Estate, Real Estate News

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