While sales have declined, home prices are still solidly strong. The median existing-home price for all housing types in March was $280,600, up 8.0% from March 2019.
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008.
2020 Forecast Shows Continued Home Price Appreciation. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:
It’s an interesting time in the market. Buyers are hoping prices continue to come down and homeowners are rushing to get their home on the market.
Who you work with MATTERS! You know intuitively that more experience, more credentials, more tools in the tool box are better than few. You need a first class Negotiator, and Pricing and Market Specialist on your Team.
Our Motto isn’t just From Peace of Mind to Bottom Line, it’s our Credo, MO and Track Record. Our numbers speak for themselves. When we represent the seller, the closing price is usually above list. A function of a strong market you say? Then how do you explain in the same time period, in the same Market Place, our buyers on average saved at least five percent of market value? Because we’re good. Because we care. Because we watch your pennies as well as the big picture. Because the big picture is comprised of details, just like pixels. If you want a higher resolution, a better bottom line, and better sleep at night, there is only one choice.
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