Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting that home sales will increase nicely in 2019.
Below is a chart depicting the projections of each entity for the remainder of 2018, as well as for 2019.
As we can see, Freddie Mac, Fannie Mae, and the Mortgage Bankers Association all believe that homes sales will increase steadily over the next year. If you are a homeowner who has considered selling your house recently, now may be the best time to put it on the market.
Can home prices maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash?
Let’s try to answer these questions based on what has happened in the past as well as what we know about the current real estate market.
When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of those factors.
When it comes to today’s real estate market, though, the top two factors to consider are what’s happening with interest rates & inventory.
For many Americans, buying their first home is their first taste of achieving part of the American Dream.
There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment.
It may seem hard to imagine that the first home you purchased (which made your dreams come true) might not be the home that will allow you to achieve the rest of your dreams.
The good news is that it’s ok to admit that your home no longer fits your needs!
Is a home affordable? We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate.
But, have you ever wondered why the headlines don’t say the last 25 years, the last 20 years, or even the last 11 years?
Buying a Home – If you plan on buying a home, it doesn’t make sense to wait!
Selling a Home: How Much Has Your Home Increased in Value?
Buying a Home: Where Are Home Prices Headed in 2019?
Search Homes For Sale. We have a complete Multiple Listing Service (MLS) of residential houses for sale in Lake Balboa, Arleta, Reseda, Mission Hills, North Hills, North Hollywood, Panorama City, San Fernando, Sun Valley, Sylmar, Van Nuys, Castaic, Valencia, Canyon Country, Newhall, Stevenson Ranch, Saugus, Santa Clarita, or any other Los Angeles, San Fernando Valley or Santa Clarita Valley Real Estate.